By ANYA KHALAMAYZER
August 22, 2013
The rate of global mergers and acquisitions (M&A) has seen a recent uptick, prompting a need for growing companies to review their global environmental liability strategies, says a report by ACE’s retail operations group.
2012 showed M&A growth, according to Mergermarket statistics, with the year’s first quarter topping three successive quarters of the highest M&A values experienced in the last five years.
“Certainly, for those companies with strong balance sheets, access to inexpensive debt and superior working capital management practices, M&A will remain a core part of their strategic growth priorities, both domestically and abroad,” says Seth Gillston, senior vice president of Ace Global Mergers & Acquisitions Industry Practice and co-author of the study. “Companies seeking a stronger foothold in emerging markets–particularly within those countries that have liberalized foreign ownership rules–will continue to pursue M&A as a means of entry. In doing so, they will confront compliance with a patchwork quilt of constantly shifting environmental laws and regulations.”