Frank Aquila, global head of M&A at Sullivan & Cromwell, offered his views on how Brexit might impact U.K. M&A activity in a recent Law360 article. Frank stated that the formal departure of Britain from the European Union, which occurred on January 31, removes uncertainty and should lead to an uptick in activity.
“Once the trading rules are better understood and companies have a fuller understanding of the economic impact, I expect that we are going to see more transatlantic M&A activity, as well as more deal activity among U.K. companies, between U.K. companies and EU companies, and U.K. companies and companies in other parts of the world,” Frank said.
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