There are still corporate deals being done, but smaller in size and of more strategic value.
An example of this trend includes divestitures, recalls Pablo Diaz-Llado, partner of GBS Finance. “Divestitures from secondary activities to grow and focus on the core business are one of the guidelines that are imposed. By doing this, companies streamline themselves and reduce debt “, he says. He mentions a recent deal: the sale of the division of OHL Environment to the Korean industrial group GS.