President-elect Joe Biden’s proposed tax increases provide incentives for privately held businesses to “sell sooner than later,” says EY’s Bill Casey. “Following a tax rate increase, there would likely be an increase in joint ventures and alliances.”
The financing deal could be one of the largest for an infrastructure asset this year. Despite the coronavirus crisis, which has crippled dealmaking globally, infrastructure investors have been defying the downturn to deploy capital.
A tight labor market, trade issues and the upcoming presidential election are all presenting challenges for the manufacturing industry, but that may be good news for M&A in the sector. One important area of investment is robotics.
Matt Nord and David Sambur get promoted to co-heads of private equity at Apollo. Wells Fargo names Charles Scharf new CEO. Mergers & Acquisitions seeks nominations for the Most Influential Women in Mid-Market M&A, due Oct. 14.