Led by steel, the value of merger and acquisition activity in the global metals sector weakened in thethird quarter and year-to-date alongside a sharp drop in the value and size of transactions, analysts fromPwC said in a report published Thursday.According to PwC's analysis, there were a total of 147 deals announced in the global metals sector inQ3, down 9% compared with Q2 and a decline of 15% YTD. Meanwhile, the average deal size in Q3 fell45% quarter on quarter to $40.8 million and declined by 40% to $109.9 million for YTD 2019 versus theprior year.
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