According to data from Datasite and Debtwire, 71% of U.S. dealmakers, 70% of deal markers in Europe, the Middle East and Africa, and 61% of dealmakers in the Asia Pacific region expect to see more restructuring activity in the next 12 to 24 months.
The Financial Times reported that the recent merger between banking giants BB&T and SunTrust could provide a template for future deals.
Citizens Bank’s latest survey on mergers and acquisitions shows an active market where sellers still have their choice of potential buyers. Ralph Della Ratta breaks down the results and provides reasons on why the market continues to look rosy even as many companies become more cautious of a potential economic downturn.
Reuters reported that European leveraged finance bankers are rejecting the opportunity to underwrite some buyout transactions because of aggressive private equity firm demands.
In 2017, Citizens Bank took an unusual step with its annual M&A Advisory Survey — it polled business decision-makers before and after the election to test the impact. Optimism was high in the post-election survey, and in 2018, it is higher still. Ralph Della Ratta, head of M&A Advisory at Citizens Capital Markets, explains why this is a good time to sell and encourages lenders to push customers towards eager buyers.
Interest among middle market companies in both buying and selling has increased significantly in the past year, according to the seventh annual Citizens Commercial Banking Middle Market M&A Outlook.
The Intralinks Deal Flow Predictor forecasts that the number of worldwide announced M&A deals in Q1/18 will increase by around 2% compared to Q1/17.
Reuters reported that mergers and takeovers are increasing in the U.S. after a sparse first quarter as corporations, unwilling to wait for the Trump administration’s delayed tax, trade or healthcare reforms rush to close new deals.
Last fall, the Citizens Bank Commercial Markets Team conducted its annual M&A outlook survey for 2017, which predicted a busy year for mergers and acquisitions. Respondents indicated that their perceptions of the market in 2017 did not depend on the results of the presidential election. A survey conducted in February showed that might not have been the case, though, as overall optimism in the economy has increased. Head of Corporate Finance and Capital Markets at Citizens Commercial Banking Bob Rubino broke down the results of the new survey in an interview with ABF Journal.