Rampant bank and capital markets borrowing in France is alerting financial policymakers to the danger of French corporations taking on ever more debt to make acquisitions.
French M&A volumes reached their highest level since the 2008 financial crisis in 2017, with outbound volumes accounting for around two thirds of deals, according to Dealogic.
Out of about 20 key global markets, France was second only to Hong Kong in terms of the increase in private non-financial debt over the last two years, according to a January report from the Institute of International Finance.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
