Irish M&A activity plummets to four-year low

For the first time since 2009, there were no deals worth more than €4.1bn

Paddy Power owner Flutter Entertainment was one of the busiest players in a quiet year for Irish-related M&A activity.

The number of takeover and merger deals involving Irish-based companies plummeted to a four-year low in 2020, new figures show, with the value of deals the lowest in more than a decade.

The total value of business deals with any Irish involvement totalled €14.4bn last year, according to research by global financial data firm Refinitiv.