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M&A in 2023: A complex but optimistic outlook for deal-making

Exchanges

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Where Do You See Opportunities to Leverage These Tailwinds?

Valuations have been somewhat actually the tailwind that has counteracted some of these headwinds. The dollar also has been a bit of a tailwind when you think about the increased purchasing power of US buyers for overseas companies. Having said that, the macro is also challenging in Europe, and we need to recognize that. I think there's a separate driver in private markets. We see more of those funds looking in Europe.

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