Martin Bastian, Managing Director and Head of Chemicals, Europe, at Houlihan Lokey, shares his thoughts with Börsen-Zeitung about the near-term outlook for M&A activity in the chemicals sector. While there are plenty of deals in the pipeline, deals in most cases will continue to be held back until the industry has stabilized to some extent and a more reliable view of the future market environment is possible again. “The pipeline is filled, it’s just a matter of time before things get going again.”