Firms facing sell out may turn to mergers


THE next merger and acquisition (M&A) boom in Malaysia could be fuelled by companies that fail to take the heat of global competition and are being forced to sell out.  

Deloitte & Touche Corporate Advisory Services Sdn Bhd executive director Eugene Wong said yesterday that competitive pressures on margins were driving an increasing number of businesses to sell out to their larger or more cash-rich competitors. 

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