IHS Chemical Week

People & Business :: Companies

Banker: 'Ingredients in Place' for Major M&A Rebound

2:16 PM MST | March 5, 2010 | Vincent Valk

M&A activity will increase during 2010 after a down year in 2009, Tim Wilding, co-head/industrials at Oppenheimer Fund (New York) told an audience at a Chemical Marketing & Economics (CM&E) Group luncheon yesterday. "I think all the ingredients are in place to see a significant rebound in activity," Wilding says. Both companies and private equity firms are sitting on cash as the economic situation continue to improve, driving interest in M&A transactions, he adds. Oppenheimer has seen an increase in the number of companies interested in...

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