JPMorgan Says There's No Sign of M&A Slowing Down

The transcript discusses the surge in M&A activity in 2020, highlighting a 75% increase in global volumes since July. It covers the role of mega deals, cross-region activities, and the creation of European champions. The US leads in M&A, but Europe is catching up, with Brexit influencing UK activities. SPACs have become significant, with many looking for targets in Europe. Shareholder activism and private equity are evolving, with traditional investors becoming more vocal and private equity acting like activists.

What was one of the main drivers of the increase in global M&A volumes in 2020?

• Decrease in domestic consolidation

• Rise in cross-regional activities

• Reduction in mega deals

• Decline in political support

Which region was primarily responsible for pushing global M&A activities in 2020?

• Europe

• Africa

• Asia

• United States

How did Brexit impact UK M&A activities according to the transcript?

• It had no impact

• It accelerated M&A activities

• It caused a shift to Asia

• It held back M&A activities

What is a SPAC and how did it influence the market in 2020?

• A government-backed investment

• A type of traditional IPO

• A new form of private equity

• A special purpose acquisition company

What challenge is associated with the rise of SPACs in the market?

• Lack of investor interest

• Imbalance between supply and demand

• Excessive government regulation

• Limited capital availability

How has private equity's role in M&A changed according to the transcript?

• It avoids shareholder engagement

• It focuses solely on traditional investments

• It now acts more like an activist

• It has become less aggressive

What new trend is expected in shareholder activism in 2021?

• Decrease in shared engagement

• Traditional investors becoming less vocal

• Reduction in private equity involvement

• Private equity acting like activists