Global M&A to remain sluggish until UK decides on EU exit plan: Reuters

Brexit jitters will dampen global appetite for mergers and acquisitions until Britain clarifies when and how it will negotiate an exit from the European Union, Reuters reported, citing a new survey of deal-makers. Some 70 percent of 1,001 M&A professionals from around the world surveyed by technology provider Intralinks said the number of M&A deals would fall until Brexit worries subside. Two-thirds of respondents said Britain leaving the EU would have a negative impact on global deal volumes for the rest of 2016.