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People & Business :: People/Executives
M&A Expected to 'Improve Substantially' in 2010
10:08 AM MST | February 8, 2010 | Vincent Valk
The chemical M&A market is set to "improve substantially" this year, according to Peter Young, president of Young & Partners (Y&P; New York), a boutique investment bank. "We hit a trough in volume in the first quarter of 2009, and a trough in value in the fourth quarter," Young says. As economic conditions and credit markets have improved and the gap in value expectations between buyers and sellers has narrowed, M&A is primed for a comeback, Young adds. However, the market is unlikely to reach the pre-recessionary heights this...
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