Noted: 1 in 3 on acquisition trail, E&Y says
“Most companies believe the time is ripe for deals, but only one third have the strength and agility to snap up “once-in-a-lifetime” acquisition opportunities in the wake of the credit crisis, according to a global survey.
Ernst & Young, which quizzed 490 top executives from “major industry players” across 32 countries, said 33 percent were likely or highly likely to buy firms in the next 12 months, with 25 percent expecting to bid in the next six months. There were no data on the size of possible targets.”
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