Fri, 14 Jan 2011 | MERGER
The level of mergers and acquisitions is expected to be far higher this year than it was in 2010, according to the European Assets Trust.
The findings echo sentiments expressed by UBS, which also predicted that M&A activity would rise. It is thought that one in every six firms based in Europe is expected to make a large-scale acquisition during 2011.
European Assets Trust's Paras Anand attributed the projected rise to businesses driving for 'scale and efficiency', meaning that they will look to acquire well-positioned businesses at good prices.
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