Global executives cooling on deals amid trade uncertainty
October 7, 2018
LONDON (AP) — Executives around the world are cooling to the idea of mergers and acquisitions in the face of rising trade tensions, notably between the U.S. and China, a leading adviser on international corporate deals said Monday.
In its half-yearly assessment of corporate mergers and acquisitions, or M&A, EY found that only 46 percent of executives are planning a takeover in the next 12 months. That's down 10 percentage points from a year ago and marks the lowest level in four years.
"Geopolitical, trade and tariff uncertainties have finally caused some dealmakers to hit the pause butto...