Martim Krupenski, managing partner at Morais Leitão, analysed the impact of the early parliamentary elections on M&A operations in Portugal.
According to Krupenski, ‘a scenario of elections, anticipated or not, always brings a period of (short) uncertainty or hesitation on the part of the players regarding investment in corporate operations, especially with regard to public investment’. However, he suggests that the real impact is ‘less than you might think’, offering a more optimistic outlook compared to other opinions in the sector.
Martim Krupenski also emphasised the influence of the international situation on the national macroeconomic scenario, pointing out that ‘the national macroeconomic scenario is very much influenced by and dependent on the international situation’. Depending on how these conditions evolve, ‘there may be some repercussions for the business sector,’ he warned.
Morais Leitão's managing partner emphasises that international concerns can have a more significant impact than the national elections themselves, indicating that global political decisions and their economic effects play a crucial role in Portugal's business environment.
In summary, while political instability is seen as a possible obstacle to investment, Martim Krupenski presents a view that the M&A market tends to respond with prudence, maintaining confidence in Portugal's robust business environment.
Read Martim Krupenski's full comment in Jornal de Negócios.
(the article is in portuguse only)
