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An artist applies finishing touches to a painting of U.S. President-elect Joe Biden alongside a road in Mumbai, India, November 8, 2020. [Reuters]
Joe Biden’s win of the US presidency and the Republican Party potentially retaining control of the US Senate could drive a pickup in mergers and acquisitions (M&A) that took a hit amid the Covid-19 pandemic, dealmakers said.
Bankers and lawyers who advise companies on M&A said the outcome, if confirmed, was the best possible for providing the stable economic and regulatory environment that deal making needs.
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