Covid Pandemic = Quantative Easing = Bargain M&A Y/N?

Central banks and governments all around the world have commenced an unprecedented level of quantitative easing to ensure that their economies are enabled to respond to the devastating impact of the Covid 19 pandemic. It is therefore believed that for most businesses, access to credit may not be an issue, provided they meet the lending criteria. This will undoubtedly should help moderate any sharp upswing in financing rates in the medium term and be a catalyst to jumpstart economies as soon as economic activities resume. That said, to what extent do you believe the abnormal interest rate environment (due to deliberate actions by CB’s) will be supportive or detrimental to any potential M&A activities? Will it result in considerable mispricing of transactions? Or is it the ideal time to shop for bargains?