Deals in the global industrial manufacturing sector slowed in the third quarter 2008, according to the recent PricewaterhouseCoopers’ report, Assembling Value: Industrial Manufacturing Mergers &Acquisitions Analysis -Third Quarter 2008.
The number of third-quarter deals with a value of at least $50 million will not match last year’s level of 207, but will approach the number announced in 2006, 169. The total value of deals announced in the third quarter, $35 billion, is behind last year’s $88 billion at this time. This is due to a drop in large deals of more than $1 billion. Tight credit markets are mostly to blame for the decline in large-deal volume.
Interest in industrial machinery targets continued to lead activity in industrial …
Industrial Manufacturing M&A Slows in 3Q
Deals in the global industrial manufacturing sector slowed in the third quarter 2008, according to the recent PricewaterhouseCoopers’ report, Assembling Value: Industrial Manufacturing Mergers &Acquisitions Analysis -Third Quarter 2008.
The number of third-quarter deals with a value of at least $50 million will not match last year’s level of 207, but will approach the number announced in 2006, 169. The total value of deals announced in the third quarter, $35 billion, is behind last year’s $88 billion at this time. This is due to a drop in large deals of more than $1 billion. Tight credit markets are mostly to blame for the decline in large-deal volume.
Interest in industrial machinery targets continued to lead activity in industrial …
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