Business advisors KPMG says global mergers and acquisitions in the manufacturering sector are set to rise this year, based on market metrics and analyst statements.
KPMG’s annual Global M&A Predictor found that forward price to earnings ratios – the price firms pay for shares compared to company performance – are 5 per cent higher globally and 9 percent up in Europe compared with last year’s figures. This suggests a bigger ‘appetite’ for deals within the sector, the company says. Last…
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