M&A deals were down in the first quarter of the year, but a new report from Herbert Smith Freehills predicts a bounce back in the near future. About 60 percent of the senior executives surveyed said that recent economic turbulence would have no impact on M&A over the next two to three years.

Indeed, market volatility has actually heightened interest in M&A in some sectors, the report found. One Asia-based executive quoted in the report said “this is the right time to buy more assets when values could become super low because of the prolonged low oil prices.”

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