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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