Value of metals M&As lag in ’08 despite robust pace PwC

Nov 12, 2008 | 02:45 AM |

The global financial crisis and tightening credit markets, coupled with a general economic slowdown, knocked down values of metals industry merger and acquisition deals in the first three quarters of this year, according to a quarterly report from PricewaterhouseCoopers LLP (PwC), New York.

The report--"Forging Ahead Global Mergers and Acquisitions Analysis-Third Quarter 2008"--indicated that while the total value of deals lagged in the first three quarters of the year, the pace of deals remained robust with 105 deals announced in the period.....




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