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April 14, 2015

Wave of mergers and takeovers is growing

  • A striking 56 percent of companies assessed say they intend to make acquisitions in the coming year, up from 40 percent in October.
  • By PAN PYLAS
    Associated Press

    LONDON — The current wave of corporate takeovers and mergers is set to grow, with the appetite for deals among executives hitting a five-year high thanks to a strong dollar and low oil prices, a global survey found Monday.

    A striking 56 percent of companies assessed say they intend to make acquisitions in the coming year, up from 40 percent in October, consulting firm EY said in its half-yearly report on corporate deal-making. That's the first time since 2010 that more than half of executives say they plan to make an acquisition in the next 12 months.


     
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