Deals
One Sector Is Keeping Dealmakers Busy Amid Coronavirus Gloom
- Infrastructure acquisitions keep rolling on in recent weeks
- Investors are willing to deploy capital on long-term assets
This article is for subscribers only.
While dealmakers brace for a year of gloom and doom, a small pocket of the M&A world has been defying the downturn.
Investors are plowing billions of dollars into infrastructure assets, from waste-management businesses to electricity distributors, ignoring the turmoil roiling the markets. They see the sector, where assets have long-term contractual agreements with predictable cash flows, as immune to the impact of the coronavirus that’s crimping economic activity around the world.