PUBLISHED IN THE AUSTRALIAN FINANCIAL REVIEW, 30 JULY 2014 The “soap opera drama” around the merger between South Africa’s Woolworths and David Jones deal will put pressure on the company to show some fast results, an expert in post merger and acquisition integration says. Carlos Keener, founding...
As economic conditions at last begin to strengthen around the globe, indicators confirm that M&A is resuming levels of activity not seen since 2007. As we've said many times before, while deals are becoming easier to complete, their ability to generate long-term value will remain...
Earlier this week the Wall Street Journal and others reported on Xstrata Glencore's post-merger writedown of $7.7bn, equivalent to over 10% of the combined annual turnover for the group, and over 13 times the targeted annual synergies of $500 million. More so than any other...
According to figures compiled by consulting firm DC Advisory, China has now overtaken the UK, Canada and Germany to rival Japan and the US as the nation with the world’s most acquisitive companies. Significantly, the report suggests that alongside the well-known tale of breakneck growth and increasing consumerism, “China is attempting a huge shift from an order-taker to an innovator, producing leading technology and infrastructure for both domestic and global markets.”1 What does this mean for ‘Western’ entities intending to join forces with a new Chinese parent company?