Wall Street is optimistic that a buoyant stock market, declining interest rates and Donald Trump's lighter-regulation agenda will prompt a dealmaking rebound in 2025. But jitters remain thanks to the president-elect's unpredictability.
Deal volume has been muted for the past few years following record volumes coming out of the pandemic. While total global deal volume is up roughly 12% in 2024 through Dec. 26 compared with the same period in 2023, the number of transactions is lower and volume remains well below the 2021 high, according to Dealogic data.
Dealmakers were encouraged when Trump in December picked Andrew Ferguson, the Republican Federal Trade Commission member, to succeed FTC Chair Lina Khan. Ferguson and Republicans are expected to dismantle Khan's guidelines that gave the agency new legal powers to try to block deals.
Still, Jay Novak, global co-head of corporate finance at the investment bank Houlihan Lokey, said it remains to be seen exactly where the new Trump administration's antitrust policy will land.
"Sentiment is certainly more positive. People don't really know the answer, but they're more positive about the direction," he said.
Denne historien er fra December 31, 2024-utgaven av Mint Chennai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra December 31, 2024-utgaven av Mint Chennai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Cold wave in North India to boost wheat, mustard crops
The drop in temperature does not bode well for crops like chickpea and potatoes in the plains
States' Q4 borrowing to rise 18% after Q2 growth slump
Capex boost likely as West Bengal, Maharashtra, Karnataka lead ₹4.73 tn borrowing plan
Govt cuts gas allocation for LPG, diverts to city retailers
The government has slashed allocation of natural gas used for liquefied petroleum gas (LPG) production, and diverted the low-priced fuel to city gas retailers like Indraprastha Gas Ltd and Adani-Total Gas Ltd to meet part of their requirement for compressed natural gas (CNG)/piped cooking gas supplies, said an official order.
Rupee closes at new record low vs dollar
Reports of the central bank selling US dollars supported the rupee at lower levels, traders said
Existing EV subsidies to stay, no new incentives
Commerce minister Piyush Goyal said on Friday existing subsidies for the electric vehicle (EV) ecosystem will continue for some time, citing broad consensus among the government, auto OEMs, and battery swapping companies that no new incentives or subsidies are required at this stage.
Pharma Teachers Faking Profiles to Be Blacklisted
Pharmacy Council of India Identified 45,355 Cases of Duplicate Profiles on Digi-Pharmed Portal Using Same Aadhaar and PAN
India's market cap share globally dips from record highs
India's share in global market capitalization dipped to 4.2% in December from its August peak of 4.6%, as global equity markets faced turbulence, showed an analysis by Motilal Oswal Financial Services Ltd.
PM E-Drive e-bus subsidy to be rolled out from March
Govt to initiate bidding process after working out demand via state, city transport utilities
PNG, CNG Consumers to Get Uniform Insurance Cover
Although CNG Users Report More Accidents, Instances of Pipeline Leaks at PNG Households Were Reported
Biden to Block Sale of US Steel to Nippon
President Joe Biden has decided to block the sale of United States Steel Corp. to Japan's Nippon Steel Corp., according to three people with knowledge of the matter, ending a $14.1 billion deal that has faced months of vocal opposition and raising questions over the future of a US industrial giant.
