Tuesday, July 17, 2007

M&A Activity Still Strong in Private Equity Firms

July 16 - CNBC - Global M&A activity has reached its peak, according to a report recently released by KPMG, though two analysts believe that's only true among small companies -- not when the buyers are large businesses or private equity firms.

Tom Burnett, director of research at Access Wall Street, said M&A activity among small companies may have peaked for now, but he believes high-profile deals could still continue.

He referred to Rio Tinto's recent cash bid for aluminum producer Alcan, as well as Royal Bank of Scotland's bid for Dutch group ABN Amro. Read More.

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