November 9, 2018 |
M&A activity in Honduras has come to a complete stop as political uncertainty and regulatory red tape keep investors at bay, LatinFinance has heard.
The country has seen just two deals for around $1m each so far this year, compared to eight large transactions in the past five years, including Ficohsa's acquisition of Citi's businesses in Honduras in 2014.
"The political environment is unstable and last year's elections were deemed unconstitutional,” said Roberto Williams, CFO and partner at
Only two deals so far in 2018 are a long way from previous years, sources say