M&A take advantage of surging stock prices as deals still being done
Pandemic or not, acquisitions by European buyers involving at least partial stock payment have jumped 83%
01 July 2020 - 18:04
London — As deal activity falls across the world, a select group of acquisitive companies is still finding a way to get transactions done by taking advantage of surging stock prices.
European companies have paid with their own shares for a series of high-profile transactions in 2020, including a bid by Just Eat Takeaway to enter the US and create one of the world’s largest meal delivery companies. The volume of acquisitions by European buyers involving at least partial stock payment jumped 83% by Tuesday to $37bn, according to data compiled by Bloomberg...
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