Not everyone will win in Trump's M&A revival

并非所有人都能在特朗普的并购复兴中获胜

Behind the Money

2025-01-15

20 分钟
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Wall Street dealmakers are itching for an M&A revival during president-elect Donald Trump’s second term. But as he prepares to move back to the White House, the picture appears more complicated. The FT’s head of Lex, John Foley, explains what dealmaking over the next four years might look like and the surprising similarities it could share with Joe Biden’s administration.  Clips from Bloomberg, CNBC, DW News, FOX Business - - - - - - - - - - - - - - - - - - - - - - - - - -  For further reading: US Steel’s tortuous un-merger is a deal for the ages Playing the M&A Trump card Deals are back, baby (for real this time?) Will Trump’s new antitrust enforcers help make M&A great again? - - - - - - - - - - - - - - - - - - - - - - - - - -  Follow John Foley on Bluesky (@johnsfoley.bsky.social). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.bsky.social), or follow Michela on LinkedIn for updates about the show and more.  Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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  • Since Donald Trump won the U.S. presidential election,

  • there's been a lot of talk on Wall Street about the return of animal spirits.

  • People are excited for a deals and M&A comeback.

  • Basically, it is game on for mergers and acquisitions again.

  • Street excited, I think, for less regulation under Trump.

  • Right now, everyone wants a piece of the action.

  • Make no mistake.

  • You know, we certainly think that 2025 will be the year of deals.

  • Loads of deal making also fits in nicely with the Donald Trump brand that he's crafted for himself over the years.

  • Donald Trump has very studiously portrayed himself as a deal maker.

  • So anyone who wants to do deals is going to see a president who kind of speaks their language,

  • who is in favor of companies doing mergers and acquisitions and is going to remove some of the red tape that has been clogging up the system,

  • really, for the last few years.