Drop-off in deal activity in 2016 set to continue this year: Baker McKenzie

Drop-off in deal activity in 2016 set to continue this year: Baker McKenzie

US dollar notes. Photo: Hemant Mishra/Mint

Deal making activity slowed sharply around the world in 2016 amid economic and political uncertainty and the trend is expected to continue into 2017, at least till the first quarter. Deal transactions are expected to drop this year to $2.5 trillion when compared to $2.8 trillion in 2016, a recent report said.

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