In Q4 2020, transaction value in the North American manufacturing sector rose further compared to the previous two quarters, while transaction volume fell once again. Total disclosed transaction value increased 17% from $72.0 billion in Q3 2020 to $84 billion, although this remains below the quarterly five-year average of $101.5 billion. The number of disclosed deals during the quarter decreased to 78 from 118, well below the quarterly five-year average of 152.
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