Archive for March, 2010
Another view on the M&A Market in 2010 and 2011
On Thursday, 18 March, the Financial Times in a special section (‘Deals and Dealmakers’) had an article that I authored entitled: ‘A tough challenge for M&A markets’. In it, I argue that that a number of unavoidable behavioural factors are the principal impediments to a rising M&A market: just as the growth of the market [...]
Read Full Post | Make a Comment ( None so far )‘Upside Risk’ in M&A
I saw a recent posting on the possibility of the stock markets having a ‘buyers’ panic’ as occurred in late summer 1982. At that time, the market increased by 37% in less than two months, having started with an increase of almost 20% as institutional buyer kicked off the rally, which then had retail buyers [...]
Read Full Post | Make a Comment ( None so far )Should you do an IPO or M&A deal now?
There has been a lot of discussion recently about whether the IPO markets have re-opened. IPOs have been announced, but also many retracted as well (note the withdrawal on 10 February of Blackstone’s Travelport and, one day later, Merlin offerings, followed a few days later by Permira’s and Apax’s withdrawal of New Look). Now, it [...]
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Joint Ventures: Are they a viable alternative to a full merger or acquisition?
Posted on Wednesday, 24 March 2010. Filed under: Commentary, Mergers |
Much of the research and reporting in M&A get done about the headline-grabbing large acquisitions and mergers. However, the unsung hero of corporate alliances are joint ventures. But we expect to see more of these, including some very big JVs. Note the announcement on 1 February of a $12 billion joint venture between oil companies [...]
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