The interest between the USA and Germany is mutual. On the respective other market, an eye is kept on the lookout for interesting takeover candidates.
(Photo: Reuters)
Frankfurt After a slow start to the year, investment bankers are expecting a noticeable revival in the market for mergers and acquisitions in the second half of the year. The reason for this optimism is that many talks are currently being held and mandates being awarded. According to the industry, this could result in a large number of deals by the end of the year.
However, the bankers do not assume that they will be able to repeat the records of 2020 and 2021 – geopolitical uncertainties, economic weakness and higher interest rates are putting too much pressure on the mood.
“The low point was in January and February, and we have been seeing slightly higher M&A volumes since the second quarter. But of course we continue to move in a fragile environment, transactions take longer and have a higher implementation risk,” said Christopher Droege, co-head of Goldman Sachs’ German M&A business.
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