Rate of mergers and acquisitions 'likely to stay at high level'

Mergers and acquisitions activity in Ireland is likely to remain at a high level for the foreseeable future and modest interest rate increases are unlikely to have any significant impact on activity, the Chief Executive of IBI Corporate Finance, Peter Crowley, said today.

Speaking in Dublin this morning at a Reuters Ireland Summit, Mr Crowley also said that wealthy high net worth Irish investors are likely to move their attention from the current concentration on Irish and overseas property and more into broader corporate deals.