European M&A investors target US - GlobalData

clock • 2 min read

Brexit and other macroeconomic uncertainties are leading to a rise in European acquisitions of US targets according to information from GlobalData, the data and analytics provider provider. It says there were more than 430 deals of such a nature, worth $100bn conducted between 1 January to 25 November 2019. However, the dealmaking has accelerated, with some 25 in October to 41 in the 1-25 November period. Aurojyoti Bose, lead analyst at GlobalData, said: "This can be attributed to the growing attractiveness of the US compared to its European counterparts. Uncertainty over Brexit and i...

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