M&A Cash Inflows To US Slow Down

NEWS

LONDON--Cross-border merger and acquisition inflows into the United States valued $10 billion last month, but the US dollar pipeline was at its lowest level in eight months, according to JP Morgan's cross-border M&A cashflow report for January 2001.

Analysts say the results may indicate a slowing of M&A cashflows into the US. Bob Sinche, currency strategist at US bank Citigroup in New York, told FX week there are "tentative signs that equity flows to the US are slowing".

"Over the last year a

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