ECONOMY
Rise in M&A activity will depend on road we choose to travel
In various foreign markets, such as the US, there has been a strong resurgence of M&A activity, writes Kevin Cron
At the time of SA’s transition to democracy, scenario analyst Clem Sunter analysed the country’s economic prospects in terms of a "high road" or "low road", the former leading to growth and improved prosperity, the latter to economic decline and stagnation. SA finds itself at a similar juncture today, with the nation facing choices that could have an effect on the future economic path of the country. The effect of these choices will play a large role in determining the outlook for the merger and acquisition (M&A) market in the short to medium term. While the M&A market has never returned to the giddy heights that prevailed prior to the 2008 financial crash, the market has recovered to some extent. In various foreign markets, such as the US, there has been a strong resurgence of M&A activity. But domestically, the market has remained essentially flat or, at best, shown modest growth in both the value and number of deals being done. This is reflective to a large extent of the flat Sou...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.