Deal Value Running High, But Unlikely to Reach 2006 Levels
December 3 - Prime Newswire - Total transportation and logistics deal volume for 2007 is on pace to exceed 2006 levels, according to Intersections, PricewaterhouseCoopers' quarterly report on M&A in the global transportation and logistics industry, released today. This may be due in part to the effects of the decline in debt market liquidity and stock market volatility felt by financial investors.
Total deal value during the first three quarters of 2007 exceeded the total deal value announced during the comparable period in 2006 ($39 billion versus $27 billion, respectively), though it is not on pace to exceed the total deal value announced for all of 2006. Read More.
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