More deals – good for business
Jinfo Blog
5th January 2010
By Michele Bate
Item
According to the UKâs Sunday Times newspaper, corporate financiers are predicting a resurgence of deals in 2010. (See http://digbig.com/5bawqy). Senior bankers believe that there is a return in confidence among chief executives together with a rising appetite for lending by banks. This in turn should have a positive impact on deal activity. Anthony Parsons, head of the UK mergers and acquisitions team at Deutsche Bank, thinks that the M&A market will be dominated by the three big sectors: financial institutions, natural resources and consumer. Consolidation in the aerospace sector is also expected to continue. The Sunday Times listed several major companies that it predicts could be the top takeover targets in 2010. Financiers also anticipate an increased role for private equity this year after a long period during which bank debt all but disappeared. The first quarter of 2010 is likely to be dominated by companies floating rather than takeovers, as a number of private-equity owned companies are seeking listings. But some of these companies could be sold rather than floated if the right offer can be found. The optimism is not confined to Europe. In an article entitled âGlobal M&A May Have Hit Bottomâ, The Wall Street Journal reported that although global M&A activity was down 22% last year compared with 2008, 2009 ended on a strong note. Fourth quarter deal volume was particularly high in the United States. One expert predicted that some of the deals in late 2009 such as leveraged buyouts will give other companies the confidence to act. (See http://digbig.com/5bawrn). For those of us who conduct due diligence research, this will hopefully translate into more business. It should also provide more work for information professionals in the beleaguered banking community, as well as having a knock on effect on ancillary business services such as the lawyers and accountants that support such deals.About this article
- Blog post title: More deals – good for business
- Link to this page
- View printable version
What's new at Jinfo?
Community session
11th December 2024
2025 strategic planning; evaluating research reports; The Financial Times, news and AI
5th November 2024
How are information managers getting involved with AI? Navigating privacy, ethics, and intellectual property
- 2025 strategic planning; evaluating research reports; The Financial Times, news and AI
5th November 2024 - All recent Jinfo Subscription content
31st October 2024 - End-user training best practice research
24th October 2024
- Jinfo Community session (TBC) (Community) 23rd January 2025
- Clinic on contracting for AI (Community) 11th December 2024
- Discussing news and AI strategies with the Financial Times (Community) 21st November 2024
Learn more about the Jinfo Subscription