Global M&A; activity likely to increase, executive survey finds

LONDON (AP) — Growing optimism over the global economy is likely to lead to a marked pick-up in the number of mergers and acquisitions over the coming months, a survey of executives found Monday.

 

In its half-yearly report into the M&A sector, consulting firm Ernst & Young said it expects both the volume and size of deals to improve over the coming year, with 35 percent of companies surveyed likely to pursue acquisitions compared with just 25 percent a year ago. The more favorable backdrop is attributed to growing optimism among executives.

“All of this is underpinned by growing confidence in a global economy on sounder footing — improving economic conditions in mature economies and more stabilization in the major emerging markets,” said Pip McCrostie, Ernst & Young’s global head of M&A.

Read the source article at SmartBrief

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