US precaution halts mergers in Mexico
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Transnational activity in Mexico during the first semester this year reflected the investors' precaution related to the future in the Mexico-US relation and the negative effects of a weak peso. However, the outlook for the second half is better, with expectations of maintaining or surpassing the level of agreements reported last year, according to Adriano Silva, Director of Mergers and Acquisitions with Mercer Mexico. The disclosed value of the agreements announced from January through June was US$ 3.8 billion, which is 21% below the record of the same six-month period last year, according to Bloomberg's data, and far below the US$ 11.7 billion of the same period in 2015.