CORPORATE FINANCING NEWS: MERGERS & ACQUISITIONS By Gordon Platt Mergers and acquisitions could gain traction in 2013, following a disappointing year for
dealmaking activity in 2012.
Plex's sector has seen strong
dealmaking activity recently.
Not exact matches
Dealmaking may have slowed, but
activity has been strong in the software sector.
Dealmaking in Europe has more than doubled from year - ago levels, led by accelerating
activity in the UK, Germany, Spain and the Netherlands.
The investment bank now generates most of its income from equities,
dealmaking and underwriting and benefited from a return to volatility in the first quarter, though Ermotti warned in a Bloomberg TV interview that client
activity was more muted in February and March.
But
dealmaking would quickly bounce back in subsequent years so the cumulative decline in
activity over the period 2015 - 20 would be less than 1 % (US$ 47bn).