Populism is on the rise across the world as President Donald Trump works to enact America-first policies, the British craft a formal exit strategy from the European Union, and two non-establishment party presidential candidates go head to head in France. But that isn't scaring corporate dealmakers in the U.S. who say more M&A opportunities are on the horizon and global politics isn't impacting their strategies.
With the U.S. seeing the second highest first-quarter deal activity in a decade (up 22% to $366 billion from last year), nearly 80% of U.S. executives say they plan to actively pursue mergers and acquisitions over the next year. That's well above the long-term average of 47%, according to new data from EY's bi-annual Global Capital Confidence Barometer, which surveys 2,300 corporate executives.
Source: Fox News
(Score: 0) by Anonymous Coward on Wednesday April 26 2017, @06:23AM (1 child)
Of course the deals will continue. Didn't you watch Trump's campaign? At his rallies, working class voters would chant "cut taxes on corporations and limited liability partnerships" with enormous enthusiasm.
(Score: 0) by Anonymous Coward on Wednesday April 26 2017, @06:42AM
"Prevent those inheriting over $10m from being taxed" - another crowd favorite.