EY: TMT Businesses Unphased By Geopolitical Volatility As Upward M&A Trend Continues

Despite citing regulatory and geopolitical uncertainty as the greatest external risks to growth, 58% of technology, media & entertainment and telecoms (TMT) executives expect to actively pursue mergers and acquisitions (M&A) in the next 12 months – up from 42% a year ago. This is according to the latest edition of the EY Global Capital Confidence Barometer (CCB), which also finds that 63% of global TMT executives expect to see more megadeals (US$10b+) in the next 12 months.

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