M&A to Fall Short of 2007 Levels, Says PricewaterhouseCoopers
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Despite the overall decline in deal activity, the pace of deal activity for targets in China has increased with six deals announced during the first quarter compared to nine and 17 in all of 2006 and 2007, respectively. And, of these nine deals, 83 percent involved acquirers from China, up from 65 percent in 2007 and 33 percent in 2006. Globally, three regions accounted for 90 percent of target companies both in terms of the number of deals and deal value announced during the first quarter of 2008: Asia and Oceania, UK and Eurozone, and North America.
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