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According to PricewaterhouseCoopers: Despite Overcapacity and Consolidation Pressure, Automotive Acquisitions in Asia Will Take Longer Than Expected.


Business Editors

NEW YORK--(BUSINESS WIRE)--June 12, 2000

(...What's the Japanese Japanese (jăp'ənēz`), language of uncertain origin that is spoken by more than 125 million people, most of whom live in Japan. There are also many speakers of Japanese in the Ryukyu Islands, Korea, Taiwan, parts of the United States, and  Word for `M&A'?)

With the pace of global consolidation of the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide.  accelerating, Western automakers are looking at the fast-growing Asian car market as the next big M&A hotspot. But 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.
 a special PricewaterhouseCoopers report, Mapping the Road to Asia, the Asian leg of the consolidation won't follow the European European

emanating from or pertaining to Europe.


European bat lyssavirus
see lyssavirus.

European beech tree
fagussylvaticus.

European blastomycosis
see cryptococcosis.
 model - and aggressive acquirers may be disappointed.

Mike Burwell and Lisa Ferris, automotive industry specialists in Transaction Services at PricewaterhouseCoopers, can discuss:

-- Why joint ventures and minority investments, rather than

outright auctions, will continue to dominate in Asia - and

what will make a successful bid.

-- Which Asian markets are most vulnerable to consolidation - and

what kinds of control targets and their regulators are likely

to allow.

-- Why the cultural barriers to greater control by large Western

car companies remain significant - and what strategies are

needed to overcome them.

Burwell and Ferris can also speak to:

-- Global consolidation issues in the automotive industry.

-- Pricing issues in the Asian market.

-- How change in the automotive industry will impact shareholder

returns.

PricewaterhouseCoopers (www.pwcglobal.com) is the world's largest professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products.  organization. Drawing on the knowledge and skills of more than 150,000 people in 150 countries, the organization helps clients solve complex business problems and measurably meas·ur·a·ble  
adj.
1. Possible to be measured: measurable depths.

2. Of distinguished importance; significant: a measurable figure in literature.
 enhance their ability to build value, manage risk and improve performance in an Internet-enabled world.
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Publication:Business Wire
Date:Jun 12, 2000
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