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The economic challenges threatening MandA

Jackie Bowie, co-head of Europe, and head of global real estate at Chatham Financial, says the biggest unknowns for 2021 are the known unknowns

Corporate Financier article imageThe outlook for the rest of 2021 is all about recovery, but the pace of that remains fuzzy and dependent on the success of the vaccines, while sectoral participation in M&A will be uneven. 

Economic outlook predictions are always a challenge, mainly because we know things will arise in the year ahead that could not have been anticipated – ‘known unknowns’. But we’re already aware of the significant risks to economic activity in 2021 – how quickly more than one type of vaccine can be rolled out in many different countries and how effective it is; and, in Britain, the repercussions of the new UK-EU Trade and Co-operation Agreement.