Merger and acquisition (M&A) activity in the energy industry next year "should easily beat this year's record number of deals," according to a PricewaterhouseCoopers (PWC) forecast. Thi..
Merger and acquisition (M&A) activity in the
energy industry next year "should easily beat this year's
record number of deals," according to a
PricewaterhouseCoopers (PWC) forecast. This expectation
follows the news of Chevron's plan to acquire Texaco for $35
billion.
Market analysts point to these factors as M&A
drivers in 2001:
Price volatility. It hurts the little guys.
Smaller capitalization stocks (under $1 billion) are more
exposed to price volatility at the same time that their
costs are rising. Look for larger independents to go
after the smaller independents in the same way that many
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