M&A bankers have an idea on how to boost industrial merger activity: a tax holiday (say, a...

|By:, SA News Editor

M&A bankers have an idea on how to boost industrial merger activity: a tax holiday (say, a reduction to 5.25% from 35%) that would let multinationals bring money home and thus go after bigger targets. "When you think about healthy balance sheets and the ability to deploy that cash, it's not clear a lot of that cash can be deployed."