Dealmakers have already begun to write this year off in
terms of M&A, looking instead to 2021 for some sign of
Regardless of the successes there have been, challenging
times mean that M&A activity will see a dramatic downturn
in 2020. "2020 is a write off for M&A. The big question is
instead with what will happen in 2021," said Jason Ader, chief
executive of SpringOwl Asset Management. "There is still
political uncertainty. How will the US elections play out? Will
there be pent up demand? What about a vaccine? Nobody has a
high degree of conviction. 2021 will be spectacular year
compared to 2020, but it will still be volatile."
This year was already expected to be slow for M&A
globally – with deal making in 2019 at its slowest
pace in six years.
However, in certain sectors some have been...