Multiple statistics have abounded in the first two quarters of 2011. One of the most powerful of these is the statistics is that local M&A activity in South Africa has surged 133% for 2010. Local companies have become more sought after and competitive choices as acquisitions with the increase in consumer purchasing power.
Mergermarket have listed the total value of local transactions for 2010 at $15.7 billion, the most successful figures since the sub-prime crisis of 2007-8, which halted much M&A activity over that and the ensuing period.
According to Alicia Goosen General Manager: Specialist Teams at Aon South Africa, the need for specialised M&A insurers has been "thrown into sharp relief" by the flurry of recent transactions this year and last. Of the large Cap deals, one in particular stood out...
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The full article is available in the October / November Issue of Business Brief and is available in the online magazine. To access this magazine, click here to subscribe
This article has been created with the assistance of the following contributors:
- DLA Cliffe Dekker Hofmeyr
- KPMG
- Grant Thornton
- RMB Corvest
- Aon
- ABSA Capital
- Marval SA
- Roodt Inc.
Read More on: | Management | Investment | Magazine Articles - Oct/Nov 2011 | Statistics