Vito Sperduto is the co-head for global mergers and acquisitions at RBC Capital Markets. RBC Capital Markets
A new regime in Washington specifically, one that s expected to be less adversarial toward foreign markets could alleviate the apprehensions of some overseas buyers and spark renewed cross-border dealmaking activity, said Vito Sperduto, co-head of global M&A at RBC Capital Markets.
Cross-border transactions are likely to see a significant uptick once the administration of President-elect Joe Biden takes office next year, Sperduto said. While some international deals have happened in the past four years under the presidency of Donald Trump, there already was a slowdown in cross-border transactions pre-pandemic, he said, and it s just gotten worse.