December 15, 2020 |
Mergers and acquisitions activity suffered in the last quarter of 2020, however a clutch of big ticket deals in the tail end of the year suggested some companies had dusted off their expansion plans and began to look ahead to 2021.
In the wake of the COVID-19 pandemic, across the region, transactional activity remained down around 50% compared to previous quarters, said Jose Ignacio Valdez, Managing Director and Head of Investment Banking for Latin America at Scotiabank.
“I think the world is learning to do transactions in the new reality,” said Valdez.
Brazil is among the jurisdictions showing the sharpest uptick. However, transactional activity is still around 30% lower than pre-COVID-19
Interview with Jose Ignacio Valdez, Managing Director and Head of Investment Banking for Latin America at Scotiabank