ACG Dow Jones European Dealmakers Survey Reveals Bullish Financiers; Germany, UK Offer Best Investment Opportunities.LONDON -- Most European bankers and private equity professionals polled in the recent ACG/Dow Jones European Dealmakers Survey have positive sentiments about the environment for dealmaking in Europe, with 71% saying the environment is good for mergers and acquisitions, and 67% for private equity investing. "The search for greater efficiencies, global capabilities and a competitive advantage is driving cross-border deals," said Daniel A. Varroney, ACG ACG American College of Gastroenterology; angiocardiography; apexcardiogram. AcG accelerator globulin (coagulation factor V). AcG accelerator globulin (clotting factor V). President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "This is being augmented by mega buyout funds taking on larger acquisitions that were once out of reach. We expect this trend to continue. Regulatory and cultural sensitivities, however, must be recognized and addressed." Dealmakers say the countries with the best acquisition candidates are Germany (35%), followed by the UK (25%), France (10%), and Sweden (10%). Respondents predict that manufacturing and distribution will experience both the most M&A activity (28%) and private equity investing (21%) over the next six months. By far, dealmakers say the country most accommodating to cross-border acquisitions is the UK (56%). France (62%) is viewed overwhelmingly as the least accommodating to cross-border deals, followed by Germany (8%) and Italy (8%). Companies from the UK are the most welcome acquirers (41%), followed by the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. (15%) and the Netherlands (10%). Companies from France (26%) and the United States (26%) are the most feared acquirers, followed by German companies (14%), and those from the UK (11%). Companies from the UK (48%) and Germany (20%) are most likely to launch a cross border buyout, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. respondents. "The bullish attitude that is driving this climate for acquisitions and large buyouts is not surprising. We've already seen evidence that the increasing move toward market globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation is necessitating consolidation for European companies It may never be fully completed or, depending on its its nature, it may be that it can never be completed. However, new and revised entries in the list are always welcome. This is a list of companies from the countries in the European Union. ," said Steve Harmston, director of global research for Dow Jones Financial Information Services See Information Systems. . The biggest difficulty facing mergers and acquisitions in Europe today is too much competition (43%), followed by not enough good acquisition candidates (37%), and too many regulations (13%), according to survey respondents. Dealmakers are divided about whether European regulations regarding buyouts by foreign companies are too stringent (37%) or about right (40%). Nearly half (44%) of survey respondents believe the tax environment for buyouts in Europe is too stringent, while 36% say it is about right. According to respondents, the best overall managers come from the UK (40%), followed by Sweden (16%), the Netherlands (16%), and Germany (9%). About ACG Founded in 1954, the Association for Corporate Growth is the premier professional organization focused on corporate growth, corporate development, and mergers and acquisitions. Today ACG stands at more than 10,000 members from corporations, private equity, finance, and professional service firms representing Fortune 500, Fortune 1000, FTSE FTSE A company that specializes in index calculation. Although not part of a stock exchange, co-owners include the London Stock Exchange and the Financial Times. Notes: The FTSE is similar to Standard & Poor's in the United States. 100, and mid-market companies in 51 chapters in North America and Europe. For more information, please go to: www.acg.org. About Dow Jones Financial Information Services Through its Financial Information Services group, Dow Jones produces focused, sector-specific online databases, newsletters and industry events for the private equity, venture capital and diversified markets. Newsletters published include Private Equity Analyst, VentureWire Professional and Daily Bankruptcy Review. In addition, Dow Jones & Company (NYSE NYSE See: New York Stock Exchange : DJ; www.dowjones.com) publishes the global Wall Street Journal with its international and online editions; Barron's; the Far Eastern Economic Review; Dow Jones Newswires Dow Jones Newswires is the real-time financial news organization owned by Dow Jones. Founded in 1882, its primary competitors are Bloomberg L.P. and Reuters. The company reports more than 420,000 subscribers -- including brokers, traders, analysts and fund managers -- as of July and Indexes; MarketWatch; and Ottaway newspapers. Dow Jones co-owns Factiva with Reuters and SmartMoney with Hearst. Dow Jones also provides news content to CNBC CNBC Center for the Neural Basis of Cognition (artificial intelligence) CNBC Consumer News and Business Channel CNBC Congress of National Black Churches, Inc. and U.S. radio stations. |
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