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M&A activity could make a comeback, says Goldman executive

Gregg Lemkau expects Alibaba, Tencent to seek further growth beyond China

Gregg Lemkau, Co-Head of Global Investment Banking at Goldman Sachs

NEW YORK -- Although merger and acquisition activity has slowed worldwide this year amid uncertainties over U.S. President Donald Trump and other factors, Gregg Lemkau, co-head of Goldman Sachs' Investment Banking Division, is optimistic for a recovery toward the end of the year.

In an interview with The Nikkei, Lemkau also predicted more acquisitions by Chinese technology titans Alibaba Group Holding and Tencent Holdings, and discussed factors that could impact a company's decision to pursue a deal. Edited excerpts follow.

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