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In-house and private practice M&A teams are trying to
maintain business-as-usual to ensure that deals are not delayed
or cancelled due to the
ongoing coronavirus pandemic, which has led to widespread
remote working in north American and European financial
Global uncertainty surrounding the impact of the outbreak i
on countries such as Italy, as well as US states like New York
and Washington, has meant that many M&A market participants
believe that deals will be slowed down.
"The outbreak has already led to some delays in divestitures
as companies put their M&A plans on pause," said Jana
Mercereau, head of corporate M&A for Great Britain at
Willis Towers Watson. "Due to the coronavirus situation,
it’s likely that those companies not needing to
sell will delay their deals."