08-06-2017 07:38 via insuranceinsider.com

Trump's election spiked 3 insurance deals: JP Morgan

Donald Trump's election as president of the US had an
immediate chilling effect on merger and acquisition activity in the
insurance sector, according to JP Morgan banker John Purcell.
The executive, who heads up the New York investment bank's
insurance practice in North America, said that three deals fell
apart within a few weeks of the November election.
"Personally I've had three M&A deals die since
Trump was elected," he said, explaining that one of those was
an inversion transaction...
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