Feldgoise, co-head of global M&A for of Goldman Sachs, speaking at the Reuters NEXT Newsmaker event in New York on Wednesday. – Reuterspic
Uncertainty over the Federal Reserve raising interest rates further to fight inflation, the conflicts in the Middle East and Ukraine, concerns about a potential economic slowdown and growing hostility among antitrust regulators to big deals have all weighed on the M&A market. “You can see why some companies are saying, if I don’t have to do this deal now, maybe it is more prudent to wait,” Bank of America chairman of global M&A Steven Baronoff told the panel.
She added that companies were more willing to battle regulators in court over their deals in light of high-profile legal victories some, such as Microsoft Corp and Illumina Inc, have scored. “Litigation has moved from being an insurance policy to being a strategy,” Aiyengar said. “For the medium term, the dealmaking environment will indeed be a little bit less robust,” Jim Esposito, co-head of Goldman’s global banking and markets division, said in an interview at the Reuters NEXT conference.
The total value of M&A fell slightly to US$717.4 billion during the September quarter, according to data from Dealogic, from US$738.1 billion last year during the same period.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Report: Husband, wife arrested over i-Serve investment to be released on police bail todayKUALA LUMPUR, Nov 8 — A husband and wife, aged 58 and 57, who were arrested two days ago after police received 72 police reports in relation to a money laundering case involving...
Läs mer »
Grundfos Pumps Malaysia helps businesses to save energy without initial investment.PETALING JAYA: Denmark-based water technology company Grundfos Pumps Malaysia has introduced Grundfos Energy Earnings (GEE) which allows customers to ...
Läs mer »
Evergreen keen to venture into investment banking in Asia, eyes licencePETALING JAYA: Evergreen Group Holdings plans to apply for an investment banking licence in an Asian country – especially in Asean and possibly Malays...
Läs mer »