Mergers and acquisitions bankers are hopeful that Donald Trump’s return to the White House will help bring even more new deals than previously anticipated. Debt underwriters could win too.
Trump is expected to nominate a new chair of the US Federal Trade Commission to replace Lina Khan, who has blocked a series of acquisitions on antitrust grounds. Her successor will probably be more friendly toward big combinations.
Many of those are likely to be debt-funded. In addition, Trump’s business-friendly stance, such as likely lowering corporate taxes, could add to tailwinds already supporting the return of private equity leveraged ...