Log In | Become a Member | Contact Us

Leading printing executives into the future

Connect on Twitter | Facebook | LinkedIn

Featured:     European Coverage     Production Inkjet Analysis

Deloitte: North America Ranked as Top Market for M&A Activity

Thursday, July 11, 2013

Press release from the issuing company

More than two-thirds of executives expect the U.S. economy to improve in second half of 2013

NEW YORK - Forty percent of business executives, whose organizations are contemplating merger and acquisition (M&A) transactions in 2013, expect the deals will occur in North America. According to a recent Deloitte online poll, more than one quarter of these deals (28 percent) will be under $1 billion.

"It may seem to go against conventional wisdom that executives are focused on North American deals over growth markets like the BRIC countries," said David Williams, chief executive officer, Deloitte Financial Advisory Services LLP. "However, North America is attractive because of its low risk and a history of large capital investments in these markets."

Additionally, more than two-thirds of executives (67.1 percent) expect the U.S. economy to continue improving throughout the year, with 76 percent of respondents significantly optimistic, more optimistic or maintaining their existing level of optimism about the M&A market for the remainder of the year.

At the same time, respondents identify a number of global economic challenges as barriers to business deals, including U.S. fiscal policy (34.6 percent), problems in the Eurozone (32.2 percent), China's economy (13.4 percent) and remaining bad loans held by U.S. banks (8.4 percent).

"The U.S. economy has been surprisingly strong compared to other developed economies, including the Eurozone, Japan and the United Kingdom," said Dr. Ira Kalish, director of global economics, Deloitte Services LP. "Positive signs in the U.S. include accelerated job growth, gains in real income and the rebound in the housing market. These factors have contributed to confidence in the economy."


Post a Comment

To post a comment Log In or Become a Member, doing so is simple and free



Email Icon Email

Print Icon Print

Become a Member

Join the thousands of printing executives who are already part of the WhatTheyThink Community.

Copyright © 2016 WhatTheyThink. All Rights Reserved