Latest Expert Exchange Queries

Make your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: list of goods taxed at 4% :: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TDS :: empanelment :: due date for vat payment :: VAT RATES :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: articles on VAT and GST in India :: ACCOUNTING STANDARDS :: form 3cd :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: VAT Audit
 
 
Mergers and Acquisitions »
 Building market institutions can help M&As move faster
 How corporate mergers and acquisitions impact small investors
 Merger control triggers and thresholds in India
 Centre eases pre-merger filing normsa
 Mergers and Acquisitions in Indian banking sector not threat for fintech players
 This part of our journey is value discovery: Kumar Mangalam Birla
 Health care mergers, acquisitions lead surge in global deals
 Tata Teleservices could be acquired by Airtel as India heads towards four-operator market
 Deals of the day-Mergers and acquisitions june 28, 2017
 Why is Avendus Capital behind most large e-commerce deals in India?
 India one of most attractive merger and acquisitions destinations in Asia.

Mergers, acquisitions: Slow, with signs of life
October, 26th 2009

Call it the deal-less recovery.

Despite an uptick in stock offerings, investment banks with strong ties to Minnesota advised a paltry 29 mergers and acquisitions in the third quarter, only two more than the previous three months, according to the Star Tribune Quarterly Deals Report.

For the first nine months of 2009, local banks managed 86 M&A deals, down 52 percent from the same period a year ago. RBC Capital Markets, normally a prolific deal maker, reported no mergers and acquisitions in the quarter.

Minnesota's stagnation mirrors the nation's: 1,679 deals in the third quarter, two fewer than the second quarter, according to Dealogic. So far this year, the country's investment banks collectively advised 5,217 mergers and acquisitions, a 22 percent drop from the first three quarters in 2008.

The dearth of deals suggests, despite early signs of an economic recovery, companies still can't access credit.

"The institutional [credit] market is locked up, not available," said Jon Salveson, head of investment banking for Piper Jaffray & Cos. in Minneapolis. "Acquisitions are still quite tough."

Still, Salveson sounded upbeat: Initial public offerings (IPOs) are showing signs of life, thanks to a surge in the stock market. Since early July, the Dow Jones industrial average jumped 22.4 percent to close Friday at 9,972.18, while the S&P 500 index rose 23 percent to close at 1,079.60.

Minnesota banks' IPO output this year (15) already matches all of 2008. Nationally, banks underwrote 13 IPOs in the third quarter alone -- more than the previous two quarters combined.

"The pace is quickening," Salveson said. "The fourth quarter will be even better. It could even get back to normalized levels."

Piper Jaffray helped underwrite the $931.5 billion IPO of Starwood Property Trust Inc., a real estate investment firm in Greenwich, Conn., and the $422.5 million debut of Emdeon Inc., a health care software developer based in Nashville.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Experience

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions