Ruben Diaz Assesses Mexican M&A Outlook Following General Election
麻豆直播 & Lardner LLP partner Ruben Diaz assessed Mexico鈥檚 M&A outlook following the recent electoral gains by the country鈥檚 ruling left-wing party, led by President-elect Claudia Sheinbaum, in the Latin Finance article, 鈥.鈥
Diaz suggested Mexico could see a 20% drop in mergers and acquisitions activity this year, given the prospects of the ruling party gaining a congressional supermajority and concerns over potential constitutional changes. 鈥淎t least in the short term, we expect decline incoming investments,鈥 Diaz said, explaining that Sheinbaum鈥檚 victory has done little to improve investors鈥 appetites for M&A in Mexico.
“The left, which has always been a barrier, is stronger” after the election, Diaz noted, adding that this creates uncertainty, at least in the short term, 鈥渂ecause it is assumed that [investment conditions] will be the same or worse.鈥
鈥淎nd that is why there is an attitude of, ‘Let’s wait and see what happens,'” he added.
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