A record wave of mergers and acquisitions could slow sharply as dealmakers get spooked by rising geopolitical concerns, according to a survey by Ernst & Young LLP.
Corporate takeover appetite is at a four-year low with only 46 percent of executives planning to make purchases in the next 12 months, according to a survey of more than 2,600 dealmakers across 45 countries by the New York-based consultancy. That’s reduced from 56 percent of executives polled last year.
