Volume 91 Issue 32 | p. 16 | Concentrates
Issue Date: August 12, 2013

Deals Slump In Quarter

Department: Business
Keywords: M&A, mergers & acquisitions, reports

The level of merger and acquisition (M&A) activity slowed to a crawl in the second quarter, according to a new report from PricewaterhouseCoopers. During the quarter only 16 chemical transactions worth $50 million or more were announced, for a total of $2.8 billion worth of deals. The year-ago period saw 35 such transactions totaling $11.1 billion. Among the factors explaining the low figures, PwC consultants say, are the recessionary conditions in Europe. “The . . .

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