Just 11% of companies considering M&A activity

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Just 11% of businesses are considering engaging in a merger or acquisition in the next 12 months, new data shows.

Despite growth in the domestic economy, the report by global professional services firm Aon highlights the challenges facing businesses - from a tight labour market, to rising operating costs and increasing levels of cyber-attacks.

The report shows that over 60% of Irish businesses consider cyber security and technology risks before concluding an M&A deal, yet only 35% consider ESG standards pre-transaction. "In this context, we welcome the findings from today's report that more firms in Ireland are prioritising cyber risk as part of M&A due diligence.

 

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