Trend for portfolio reviews drives M&A optimism
The appetite for M&A is rising despite uncertain times. Behind it is the growing popularity of quarterly portfolio reviews.
Image: Shutterstock
Nothing excites the business world like an M&A deal. Think of the fuss caused by the $30bn race to takeover of Sky by Comcast. And according to advisory firm EY, executives are so heady with M&A fever that the global “appetite” for deals is at its highest level for a decade.
EY released a report this week saying a survey of 2,900 executives across the world had revealed that 59% of their companies are planning to acquire another business in the next 12 months, up from the 52% last year. More than 90% believe the M&A market will improve this year.
That’s a lot of potential buying and selling of companies. What’s perha
For thoughtful journalism, expert insights on corporate governance and an extensive library of reports, guides and tools to help boards and directors navigate the complexities of their roles, subscribe to Board Agenda
Related Stories
-
Philanthropist challenges BlackRock over executive pay voting
Shareholder calls on world's largest fund manger to bring voting on executive pay in line with other investment managers.
-
Norges Bank rejects idea of standards for board sustainability skills
“Prescriptive requirements for directors’ ESG expertise will be difficult to implement and may impede board formation,” warns the investor.
-
GE chairman appoints activist investor representative onto board
Trian's Ed Garden joins GE's board at the behest of new chairman and CEO John Flannery, in the latest executive move at the industrial product business.
