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Companies Rush to Close Daring Deals Under Trump
The New York Times • • business
Key Points:
- Major mergers are underway in the U.S., including NextEra Energy and Dominion Energy's $67 billion deal, Sysco's $29 billion acquisition of Jetro Restaurant Depot, and Stripe and Advent International's $53 billion bid for PayPal.
- These large deals are occurring amid what is seen as a favorable regulatory environment under the Trump administration, encouraging companies to act quickly before the president's term ends.
- The administration's appointed regulators have adopted a more flexible and expedited review process for mergers, signaling openness to business combinations.
- While President Trump does not formally approve mergers, his public comments and the transactional nature of his administration have led some executives to seek his direct support.
- This shift contrasts with previous presidencies, where regulatory scrutiny and political opposition often slowed or blocked large utility and financial service mergers.
