"I'm very bullish that the M&A market will come back later this year or early next," PwC told Insider. PwC expects M&A activity to "emphatically" pick up. Many companies, having "done just fine" on recent fundraising tours, have built up war chests of capital they're now ready to deploy. He continued: I'm very bullish that the M&A market will come back later this year or early next. And I think you'll see things like the capital markets IPOs and things come back toward the back end of '24."

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