Awards for Excellence 2017
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The shifting dynamics of the M&A market during the awards period has tested the mettle of advisory franchises. Corporates in particular have been wary – for different reasons at different times. The Obama administration had applied aggressive scrutiny that saw deals blocked in sectors such as healthcare, a situation compounded by the natural caution imposed by an upcoming presidential election.
The caution gave way to a brief period of euphoria following the victory of Donald Trump, with expectations of regulatory easing and tax reform.
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