Caution Reigns in M&A

A plunge in profits and demand, impaired credit markets, and lack of clarity about when conditions will stabilize are putting a decided chill on M&A deals, as this week’s cover story shows (p. 18). Global chemical industry deal values fell 27%, to $40 billion, in 2008, according to data compiled by Young & Partners (Y&P; New York). That amount is inflated, however, by AkzoNobel’s $16-billion acquisition of ICI early last year. The number of completed deals fell 32%, Y&P says. Activity slowed markedly in the second half of 2008 as...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers