Mergermarket
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17th July 2023
European consumer sector carve-outs and strategic deals expected to drive 2H23 M&A
Dealmakers in the European consumer space are cautiously anticipating a more active 2H23, with some indications of a pickup in M&A. It, could, however, be early next year before a significant number of consumer companies hit the market, they said.
There may not be enough positive sentiment around the consumer sector for processes to be launched with confidence, said one sector banker. A peak in interest rates would be necessary before more processes start coming to market, this banker said.