Citigroup's Tague: Brexit Bad for Near-Term M&A

The video discusses the impact of uncertainty, particularly Brexit, on the M&A market. It highlights how ongoing transactions might proceed, while others could be renegotiated or canceled. The discussion includes historical comparisons to assess the current situation's severity. Opportunities for buyers due to currency shifts are explored, along with the challenges of timing M&A approaches in volatile markets.

What concerns do potential buying companies have regarding their approach to UK targets?

What is the expected reaction of selling shareholders in the near term following the recent market changes?