Determining How Attractive European Assets Will be to Foreign Investors
Contributed by Intralinks, a Partner of M&A Leadership Council
Global dealmakers are likely to be extremely despondent this evening as European political boundaries shrink for the first time. According to Intralinks’ most recent M&A sentiment survey of almost 1,500 global dealmakers, the M&A community were very concerned about a ‘Brexit’, with 65% fearing it will cause a drop in the value of European assets. This cause for concern is already apparent: at the time of writing, shares in British banks took a £40bn hit, and the FTSE 100 opened 8.5% down — a historic low. To add to the news, at a time when many will have been looking to a strong leader to steady the ship, the UK prime minister David Cameron has resigned — a move that will spark a leadership race and divide the leading Conservative party further.
