By Evelyn Cheng / CNBC Staff Writer:
– Foreign investors are cautious about investing in American companies due to Trump Administration uncertainty
– Most US corporate deals coming in Healthcare and Energy
Global corporate deals kicked off 2017 with their best January since 2000, but international acquisitions of U.S. firms are lagging in the face of political uncertainty.
“The primary trading M&A partner with the U.S. is Europe. With the uncertainty surrounding Brexit and the regulatory and particularly the changes in tax, it’s led to companies shying away until they have more clarity,” Jim Osman, head of spinoff research firm The Edge Consulting Group, said in an email.