Finance

Smaller Transactions to Drive M&A M&A volume will be slow through at least the first half of the year as companies assess the extent of the economic downturn and get a better idea of industry demand and asset valuations, bankers say. “There is a lot of uncertainty about what is going to happen in the economy, and [chemical makers] are focusing on their own operations,” says Peter Young, president of investment bank Young & Partners (New York). Many major players including Dow Chemical, DuPont, and Eastman Chemical recently announced...

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