Archive for May, 2010
What comes next? Change your CEO and (bang!) you’re acquiring another company
Many things happen when a company gets a new CEO. Cass Business School and the M&A Research Centre (MARC) (which I head) have just released a study showing that CEO’s embark on M&A deals very quickly after being appointed. In the study which looked at 276 CEO changes from 1997 to 2009 in the UK, [...]
Read Full Post | Make a Comment ( 1 so far )Why is European M&A so slow right now?
In the past two weeks, I’ve received numerous calls asking to explain why the M&A market in Europe was so slow in April. Some of my comments have appeared in the Wall Street Journal and Financial News in articles entitled ‘Europe M&A Lags Behind World‘ and ‘European M&A set for worst month in a decade‘ [...]
Read Full Post | Make a Comment ( None so far )Why you should do an M&A deal now
Several months ago, Legg Mason strategist Michael Mauboussin published a report entitled ‘Surge in the Urge to Merge‘. Based on some academic research reported in 2008 in the Academy of Management Journal, companies that invested in deals early in a merger cycle are more likely to be successful with their takeovers than those who invest [...]
Read Full Post | Make a Comment ( None so far )
Article on CEOs and M&A deals
Posted on Sunday, 23 May 2010. Filed under: Commentary, Mergers |
Thanks to Stefan Stern, the ‘On Management’ columnist in the Financial Times for his article on 18 May on our recent report on what happens when a new CEO takes over: ‘Here’s the deal: move fast as a new CEO’. That is, they do M&A deals. See my blog entry ‘What comes next? Change your CEO [...]
Read Full Post | Make a Comment ( None so far )