Destination Western Europe

Destination Western Europe
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First Published: Wed, May 27 2009. 09 23 PM IST

Updated: Wed, May 27 2009. 09 23 PM IST
Last year wasn’t the best for global M&A (merger and acquisition) activity: The world was battling a credit crunch and the US, Europe and Japan slipped into a simultaneous recession, reining in corporate predators.
Also See Emerging markets acquirers/West European Targets (Graphics)
Even so, 2008 was a record year for M&A transactions done by emerging market acquirers and investors in Western Europe, with 256 completed deals valued at €45 billion, according to a PricewaterhouseCoopers report.
Also See Acquisition Strategies from EM investors (Graphics)
This year and beyond,the falling valuations and distressed positions of some Western European firms will likely entice more opportunistic emerging market entities to scout more overseas investments,says the audit and consulting company
Graphics by Ahmed Raza Khan / Mint
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First Published: Wed, May 27 2009. 09 23 PM IST