M&A in 2023: A complex but optimistic outlook for deal-making
Exchanges
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What Are You Expecting for Deal Activity in 2023?
An important part of the market in 2022, and frankly, for several years, has been what I'll call the structured transaction. That can be a spinoff, that can be a split off. Corporate simplification is the overarching way we define that theme. And when you think about conglomerates, they can have very disparate businesses that might trade at high multiples or low multiples. So there's a whole valuation dynamic that is impacting all of this.
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