What to Expect in M&A in the Second Half

The video discusses the potential for increased M&A activity, focusing on industries less affected by crises, such as financial services, technology, and healthcare. It compares the current situation to the 2008-09 crisis, highlighting differences in recovery patterns. The impact of policy, cross-border risks, and political factors, including the US-China relationship and potential changes in tax policy under a Biden administration, are also explored. These factors could influence M&A activity, with some industries recovering faster than others.

Which industries are expected to see the first signs of M&A activity according to the discussion?

• Retail and agriculture

• Energy and manufacturing

• Financial services and technology

• Travel and hospitality

How does the current crisis differ from the 2008-2009 financial crisis in terms of M&A activity?

• All sectors are affected equally in both crises.

• The recovery is expected to be more industry-specific this time.

• The credit markets have broken down in the current crisis.

• There is no difference between the two crises.

Which industries are likely to experience a slower recovery in M&A activity?

• Financial services and retail

• Technology and healthcare

• Travel and energy

• Agriculture and manufacturing

What is a potential short-term effect of anticipated tax policy changes under a Biden administration on M&A activity?

• No change in M&A activity

• An increase in M&A activity

• A shift towards more international deals

• A decrease in M&A activity

How might the U.S. election impact M&A activity according to the discussion?

• It will have no impact on M&A activity.

• It could lead to increased scrutiny of mergers.

• It will result in more cross-border deals.

• It will decrease the corporate tax rate.