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- W2803313183 abstract "The slothlike economic recovery did not turn the chemical industry away from deal-making in 2011, but as the year wore on and business uncertainty increased, fewer firms reached out for megadeals. The number of acquisitions announced in 2011 was slightly ahead of the number in 2010, nudging up to 114 from 112. But total deal value for the year dipped sharply by 28% compared with 2010. Overall deal value was a healthy $43.2 billion in the first quarter, but by the fourth quarter it had sunk to $7.5 billion. In general, chemical companies have strong balance sheets and are motivated to use them to grow through acquisition, analysts say. Early in 2011, executives surveyed by PricewaterhouseCoopers (PwC) said they were feeling positive about the economy. But in the second half, “though they were not pessimistic, they were concerned; they expressed a guarded outlook,” says Tracey A. Stover, global chemicals leader ..." @default.
- W2803313183 created "2018-06-01" @default.
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- W2803313183 date "2012-02-19" @default.
- W2803313183 modified "2023-09-25" @default.
- W2803313183 title "Merger Momentum Abates" @default.
- W2803313183 doi "https://doi.org/10.1021/cen-09008-bus1" @default.
- W2803313183 hasPublicationYear "2012" @default.
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