M&A activity seen to move at slower clip in run-up to US vote

New York

GLOBAL political uncertainty will create a drag on dealmaking until 2017, according to Blair Effron, partner and co-founder of Centerview Partners LLC.

Historically, the appetite for mergers and acquisitions slows during an election season where both parties put forward non-incumbent candidates, he said on Monday in a pre-recorded interview on Bloomberg TV, and this year will be no exception.