52% of executives plan to acquire in next 12 months

When asked if they plan to acquire in the next year, 52 percent of executives surveyed for Ernst and Young's Global Capital Confidence Barometer answered yes.

The biannual survey asked 2,500-plus executives across 43 countries about their appetite for mergers and acquisitions. EY analysts determined "rising economic and corporate confidence and the drive for innovation and growth are outweighing geopolitical and regulatory concerns" when it comes to planning future deals.

Almost two-thirds of executives, or 61 percent, anticipate an increased number of deals during the next 12 months. That's up from 36 percent who said the same in April 2017. In addition, the number of executives expecting to close deals in the next 12 months more than doubled from 33 percent in April 2017 to 67 percent in April 2018.

Likewise, 86 percent of executives predict the global M&A market will continue to grow in the next year, up from only 39 percent of respondents who said the same in 2017.

"Rising confidence and the continued drive for digital is seeing deal pipelines and M&A appetite increasing, and we expect this to remain strong for the foreseeable future," Steve Krouskos, EY's global vice chair of transaction advisory services, said. "The private equity deal activity increase we saw in 2017 looks to be accelerating. Interestingly, while we can anticipate intense competition, we may also see more collaboration as private equity investors club together with corporates to do deals."

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