December 20 - Telegraph.co.uk - The value of mergers and acquisitions announced globally has hit a new record, despite the US sub-prime mortgage crisis and the meltdown of the credit markets in the latter part of the year.
Companies have announced takeover bids worth nearly $4,400bn (£2,200bn) in 2007, up more than a fifth on last year's total, according to preliminary figures from Thomson, the data provider. After a record-breaking first half, the value of M&A has slumped 26pc since July as private equity firms and other companies have found difficulty raising funds. Investment bankers in the US suffered a particularly slow second half, with M&A involving US companies slumping 46pc. European activity fell 17pc. Read More.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment