KPMG: Merger Surge Likely To Be Sustained

March 8, 2005
Economic circumstances could change, but as of right now KPMG LLP expects the recent surge of mergers and acquisitions to be sustained through the rest of 2005. Nearly 40% of the U.S. companies responding to a recent survey by the professional services ...

Economic circumstances could change, but as of right now KPMG LLP expects the recent surge of mergers and acquisitions to be sustained through the rest of 2005.

Nearly 40% of the U.S. companies responding to a recent survey by the professional services firm expect the number of worldwide M&A transactions to again total more than 30,000. Nearly 90% of the companies expect to complete at least one merger or acquisition this year, some 20 percentage points higher than last year's 70%.

An improving U.S. economy is a major force behind this year's expected M&A activity. It was cited by 54% of the 112 companies responding to the survey as the factor that would most affect mergers and acquisitions. International events and increased stock prices also are also expected prompt mergers and acquisitions.

The survey, which was conducted in late December 2004, suggests that high-tech companies, financial services firms and healthcare companies will experience the most M&A activity in 2005. Other active areas: telecommunications, consumer products and services, and energy and power.

Popular Sponsored Recommendations

Navigating Disruption: A Leader’s Guide to Strategy Under Uncertainty

Nov. 1, 2023
AI, sustainability, digital--industrials are facing disruptive forces that are redefining what it takes to win. What got your company where it is today won’t get you where you...

Digitally Transforming Data and Processes With Product Lifecycle Management

Oct. 29, 2023
Manufacturers face increasing challenges in product development as they strive to consistently deliver improved results. Discover how industry leaders are improving time-to-market...

The Benefits of Continuous Thermal Monitoring

Oct. 17, 2023
Read this eBook to learn more about collecting and using data intelligently to improve performance.

7 Crucial Steps to Improve Your OT Security

Oct. 23, 2023
Enhance OT security in manufacturing and production. Uncover the crucial steps to safeguard your operational technology. Protect against evolving threats and bridge the IT-OT ...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!