Global M&A declines in Q2 as mega deals seen too risky: Reuters
The value of announced mergers and acquisitions (M&A) worldwide dropped by a third in the second quarter of 2016, as a wave of transactions were abandoned in the wake of concerns over regulatory and tax risks or national security, Reuters reported. While 2015 was a record year for M&A, 2016 is shaping up to be a record year for 'broken' deals, as the United States flexes its antitrust muscle and seeks to crack down on deals that aid tax avoidance or risk harming national security. Coupled with market volatility triggered by Britain's vote to leave the European Union last week, this has dented some of the confidence required by corporate boards to approve deals.
30 June 2016•4 mins read
