Dealmakers are, for the second year in a row, seeing their chances of a record haul of mergers and acquisitions potentially fizzle out before the end of the first quarter.
The US’s Operation Epic Fury in Iran risks further denting sentiment and momentum in an M&A market that was already showing signs of slowing amid a global selloff in technology stocks and private credit jitters.
Advisory bankers and lawyers say that, while deals are not yet being pulled, timetables are being stretched and due diligence is becoming more focused.
“It’s quite possible that work will continue but it will be ...
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