2017 has been the year of the deal.
Since President Donald Trump took office nearly 3,100 US M&A deals have been announced, according to recently released data from Thomson Reuters Deals Intelligence. In addition, 13 deals valued over $5 billion dollars have been announced since January 20. On top of that, cross-border M&A deals are at a record highs.
That might come as a surprise given the mounting economic and political uncertainty. The Trump administration has fumbled on key policy initiatives such as healthcare, and has yet to move forward on the president’s promise to rebuild America’s infrastructure.
