As dealmakers adjust to a challenging M&A climate, they have reason to be positive, with cross-border deal value jumping 49% year on year while the Index is up 30 points on Q2 2016.
Global dealmakers faced a range of political challenges in Q2. The nature of the UK’s exit from the EU is still unclear following a snap election which delivered more uncertainty. A cloud of doubt hangs over President Trump’s ability to pass his pro-business agenda through Congress. In spite of this political volatility, M&A has remained stable.
There were a total of 1,368 cross-border deals valued at US$345.8bn…