Oil Price Surge Not Slowing M&A, Morgan Stanley's Miles Says

Morgan Stanley global co-head of M&A Tom Miles said elevated energy prices and ongoing global uncertainty are constraining M&A activity and weighing on deal flow. His comments signal increased caution among buyers and sellers and suggest near-term transactions may be limited until macro and energy price outlooks stabilize.

Analysis

Morgan Stanley global co-head of M&A Tom Miles said elevated energy prices and ongoing global uncertainty are constraining M&A activity and weighing on deal flow. His comments signal increased caution among buyers and sellers and suggest near-term transactions may be limited until macro and energy price outlooks stabilize.