You Think M&A Is Hot Now? Wait for the Tax Effect, Says Schwarzman
Blackstone chief sees Biden’s planned boost for the capital gains levy as spurring more deals.
Blackstone chief sees Biden’s planned boost for the capital gains levy as spurring more deals.
The specter of higher capital gains taxes in 2022 accelerated activity, Echelon says.
The economic slump has held down merger action in 2020.
Deloitte poll finds that 63% of dealmakers look for more activity this year, down from 2019’s expectations.
M&A was the largest motivator, as a record number of campaigns were launched.
Expansion comes amid higher skepticism of cross-border deals.
89% of survey respondents expect their deal pipelines to either stay steady or rise in the next 12 months.