Financing M&A
Reduced merger and acquisition activity in the packaging sector reflects the effects of the credit crunch and the global recession.
The way 2008 ended is better reflected in a series of M&A reports recently released by PricewaterhouseCoopers LLP (PwC, www.pwc.com). Covering a broader industrial manufacturing sector (which PwC loosely defines as “providing the equipment found on factory floors around the world”), it reported a total of 11 transactions announced in 4Q08 versus 71 worldwide in 4Q07.
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