The uncertainty caused by the current geopolitical climate may only be temporary, but it could affect activity in mergers and acquisitions (M&A) in metals and mining into 2019, according to a report by consultancy firm PwC.
Geopolitical instability and trade tensions may have played a role in depressing the number of deals in 2018 compared with the previous two years, and the sector faces uncertainties again as this situation evolves, PwC said.But there are both positive and negative outcomes for metals and mining M&A as a result, the report added.Portfolio reviews during this period of uncertainty may lead...