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Sunday 06, December 2009 by

Deal making in high definition

In its last report, “The Era of Globalised M&A: Winds of Change”, JP Morgan established that business confidence, rather than opportunism, was the most important driver for M&A activity and was very closely tied to macro-economic conditions and stock market performance. The report said that, to this end, M&A requires three main drivers: 1) confidence; 2) improved business conditions; 3) available funds to make acquisitions.