Metals a pacesetter in global M&A: PwC
Feb 02, 2012 | 05:18 PM
| Jo Isenberg-O’Loughlin
Tags
PwC,
merger and acquisition activity,
M&A,
Robert McCutcheon,
global metals industry,
Jo Isenberg-O'Loughlin
NEW YORK — The global industrial manufacturing and metal markets set the pace in international merger and acquisition (M&A) activity in the fourth quarter, with 283 deals valued at more than $100 million, according to a series of quarterly reports released Thursday by PwC US.
"In the fourth quarter, we saw an increase in both deal volume and value over the third quarter," Robert McCutcheon, U.S. metals leader, commented in a report titled Forging Ahead: Fourth-quarter 2011 global metals industry mergers and acquisitions analysis. The average deal value also increased in the fourth quarter, McCutcheon said, although he noted that on an annual basis the average deal value declined. ....
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