The YouGov and McGill Consulting Group Business Confidence Index (BCI) highlights that 24 per cent of GCC firms plan to use M&A as a serious strategic growth option.
As there are significant economic growth challenging ahead, GCC executives are exploring merger and acquisitions as part of their growth strategies.
Just over half of those exploring M&A as a strategic option are leaning toward acquisition rather than mergers. Nader Sabry, Managing Partner at McGill Consulting Group states, "as firms in the GCC move towards external debt financing over the past two quarters, several family businesses are activity eyeing key assets," as indicated by the BCI during Q4 of 2012. Nader Sabry adds, "Several family businesses we are advising are strategically seeking acquisitions that enhance their existing value-chain boosting their core capabilities."
Read more: http://www.gulfbase.com/news/a-quarter-of-gcc-executives-exploring-m-a-for-2013/230154
No comments:
Post a Comment