Dealmakers see divided U.S. government favoring mergers and acquisitions ...Middle East

Joe Biden's projected win of the U.S. presidency and the Republican Party potentially retaining control of the U.S. Senate could drive a pickup in mergers and acquisitions (M&A) that took a hit amid the COVID-19 pandemic, dealmakers said. "This dynamic can be quite conducive to doing deals, because it provides stability," said Peter Orszag, who served in the White House under President Barack Obama and now heads the financial advisory arm of investment bank Lazard Ltd .

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