•  
• Tweet
•  
•        Print
•  
•         Track Keywords
•  
• 

Laxman Pai, Opalesque Asia:

More than half of US executives said they plan to pursue M&A to drive growth in the year 2020 - a higher response than CEOs globally said a survey.

US CEOs said they have a dimmer outlook on the global economy in 2020, said CEO Survey and Deals by PwC. The share of executives who expect the rate of global growth to decline doubled from last year to 62%.

Despite the bearish outlook, more US executives said they were confident about the prospects for revenue growth in the longer term over the next three years versus over 2020.

Deals will play a part in CEOs' growth plans, particularly as companies review their businesses and operations and find the right combination of divestitures and acquisitions to help execute their corporate strategy.

The survey also suggests that US CEOs realize their companies are facing an increasingly complex business environment.

Issues ranging from cyber threats and data privacy to global trade tensions further complicate how M&A deals could be evaluated and executed in the year ahead.

Cyber threats top the mind of US CEOs

More than half of US CEOs said they were extremely concerned about cyber threats - highest among all threats in the survey, above concerns over trade conflicts and geopolitical tensions.

While cyber threats are a concern, about 37% of CEOs both in the US and globally also worry about over-regulation. The majority of those extremely worried about over-regulation said......................

To view our full article Click here