EuroWeek View: Don't get too excited about AT&T
The AT&T transaction is a great success for JP Morgan and good news for those few banks that can get a piece. But it does not mean that a deluge of M&A is about to hit the market.
The dearth of M&A deals in the market so far this year has been much bemoaned with loan bankers feeling the pain more than most. Bank lenders are lusting after some sizeable facilities to get their teeth into.
And now, at long last, there is one. AT&T is
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