How Will The Trump Administration Impact M&A?

Dan Litowitz, Dario de Martino, Mike Walsh, Ken Rivlin, David Higbee, Elaine Johnston, Jessica Delbaum and Lorenz Haselberger assess the potential impact of the incoming U.S. administration on dealmaking, foreign investment screening, merger review and taxation.

M&A practitioners anticipate a 'Trump bump'

The scale of Donald Trump's victory in the presidential election – and the fact the Republicans now have full control of Congress – has been greeted with optimism by U.S. dealmakers. In the wake of the election, the U.S. stock markets generally – and shares in big investment banks in particular – have surged, partly in anticipation of a deregulation-driven M&A boom.

Market participants appear to be betting that Trump's plan to lower taxes, reduce the regulatory burden certain industries face and decrease the overall size of the federal government will have a positive impact on the U.S. economy, overcoming any potential inflationary spike caused by higher