The buyout market takes stock
Article Abstract:
Industry observers suggest prices will be more reasonable in the European buyout market during 1999. Although some companies will suffer from having paid too high prices in 1998. The European buyout market was adversely affected, in the second half of 1998, by the economic crises in Russia and Asia. The first six months of the year had seen several large deals, such as IPC Magazines transaction for $1.4 billion. Some deals faced difficulty when prices were reduced due to the economic downturn and private equity houses were not prepared to pay prices not in tune with the economic situation.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Drop-off in value of European acquisitions in the UK
Article Abstract:
More United Kingdom businesses were acquired by European firms during 1996 than in 1995 although their total value dropped by 5 billion pounds sterling. A number of well publicized acquisitions occurred during this time such as Danish company Sophus Berendsen's purchase of British services group BET for 2.1 billion pounds sterling. European property group Kvaerner acquired British conglomerate Trafalgar House for 878.5 million pounds. Other acquisition details are given. Further growth in acquisitions is expected during 1997.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
A friendly word of advice
Article Abstract:
Financial advisers are eyeing Spain's mergers and acquisitions market, where a number of sectors are ripe for restructuring. The pending merger of BCH and Banco Santander is notable, not only for its size, but for its friendliness, with adviser Goldman Sachs unusually providing fairness opinions to both boards of directors. Consolidation in Spain's electricity, oil, gas and telecommunications sectors are expected to provide numerous opportunities for investment banks.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: The good earth. Upwardly mobile. Downwardly mobile
- Abstracts: The Helmut-and-Jacques show. Now for the long haul: European Union. The vision grows foggy: Germany
- Abstracts: Risks and chances: venture capital. A really big adventure. Adventures with capital: if only Europe could learn from America's success in nurturing new business
- Abstracts: Giving berth to a high-speed transaction. A deal packaged-up in record time. Burdale aims to become a real asset in UK lending
- Abstracts: Ready for more? The case for global finance. Asia's fall from grace: the next crises are already rumbling