Moelis' Incoming CEO Sees M&A Drivers Intact During Mideast Wars
The momentum behind mergers and acquisitions remains strong despite growing tensions in the Middle East, according to the incoming chief executive officer of Moelis & Co.
'The latest Middle East conflict is early days and is fluid,' Navid Mahmoodzadegan, who in October will take over from Ken Moelis atop the New York-based investment bank, said in an interview on Bloomberg TV. 'I continue to be optimistic that the forces that are driving M&A are very much intact.'
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