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Global: UBS exec predicts optimistic M&A this year

 |  January 29, 2014

The head of US mergers and acquisitions at UBS is championing his optimism this year for mergers and acquisitions, reports say.

Marc-Anthony Hourihan offered an interview in which the executive sees positive growth from M&A deals throughout the globe thanks to a more stable economy in Europe and boosted investment activity.

Hourihan said he considers last year’s merger results to be “fairly good,” but the uncertainty within the EU economy hampered growing results. Further, the expert sees “real estate, technology and healthcare” will likely be the industries that see major acquisition deals in 2014.

Hourihan has been with UBS for two decades and has advised on major deals including the $6.5 billion buyout of ImClone Systems by Eli Lilly.

Full Content: MarketWatch

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