Goldman Sachs CEO: M&A Activity to Accelerate This Year Despite War Disruptions

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Goldman Sachs CEO David Solomon said on Friday that despite disruptions caused by the US-Israel conflict, merger and acquisition activity is still expected to rise this year. In his annual letter to shareholders, Solomon stated, “While it is difficult to predict the overall economic impact of military actions by the US and Israel against Iran, we still believe the operating environment could be more constructive.” Goldman Sachs indicated that monetary easing policies in developed economies, fiscal stimulus, artificial intelligence (AI) technology capital investments, and a more balanced regulatory system in the US will drive M&A activity this year. Solomon noted that corporate CEOs and boards are now more confident and proactive when executing strategic transactions. “We expect this upward trend to continue, but a prolonged war or other external events could, of course, change current market sentiment,” Solomon said.

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