After coming nearly to a halt amid the coronavirus—deal volumes fell 72% in April alone, compared with a month earlier, according to Refinitiv—the mergers and acquisitions market may be starting to show some early signs of life.
“Dealmaking came to a complete standstill, but now you are beginning to see activity,” says Anu Aiyengar, cohead of global mergers and acquisitions at JPMorgan Chase. “There was almost a time when you saw the mood shift. If you think things are about to resolve, you wait. But if you think things are going to be murky for a period of time, and
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