By Brooke Sutherland and Tara Lachapelle – In the first quarter, more than 5,000 mergers or acquisitions were struck across all industries globally for a total of $660 billion, a post-financial crisis high.
“Right now, almost any deal could be put together with attractive financing, where the Excel spreadsheet tells you it’s a plus, not a minus,” Michael Shaoul, who oversees more than $20 billion as chairman and chief executive officer of Marketfield Asset Management LLC., said.
“We’re exactly five years into a recovery in global corporate profitability, and you have a bond market that’s open for business at ridiculously low rates. Now, corporate management teams are starting to build this mentality that they’re going to be a buyer or be bought.” more> http://tinyurl.com/m2uqjuy
- Search Results for: Alstom
- GE-Alstom Set to Test Immelt After EU Wrecked Welch’s Plans, Aoife White, Andrea Gerlin and Gaspard Sebag, Businessweek
- GE Savoir Faire Gives Immelt Chance to Win France’s Alstom, Helene Fouquet and Francois de Beaupuy, Businessweek
- France plans ‘patriotic’ action to outwit GE bid for Alstom, AFP, thisfrenchlife.com