Acquisitions suggest that UK recovery is real
The alternative is to give money to investors and no management team who wants to make
Companies have survived the past 18-24 months reacted to the recession by reducing costs, increasing cash flow generation and improved profit margins.But less than having actual exposure to the far East, the growth in sales will be modeste.alors now?
An acquisition can offer synergies to boost cash flow and earnings, provide statements to the shareholders and justify the bid price.
The alternative is to give money to investors and no management team who wants to, after having crossed the intact crisis.
There is a sense, if not invincibility then seasoned determination classrooms réunion.Et shareholders are proven willing to finance transactions by rights issues while banks are back in their short term funding company assuming that nothing ends on their own balance sheets.
The Renaissance is in its infancy, but it's true.
Damian.Reece@Telegraph.co.UK