Deals
Brexit Seen Leading to European M&A Erosion, Intralinks Says
- Most dealmakers surveyed expect Brexit to have negative impact
- Value of assets in Europe would drop if Britain voted to leave
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The level of mergers and acquisitions activity across Europe will be threatened if Britain votes to leave the European Union, spreading the risk to economies on the continent, according to a survey of dealmakers.
About two-thirds of M&A professionals expect the value of European assets to be eroded if Britain leaves the EU, according to Intralinks Holdings Inc. This could have wider implications on the European economy, particularly in countries such as Germany, which rely heavily on cross-border deals from China, the firm said.