MAs seen rising in 2004


  • Business
  • Saturday, 27 Dec 2003

NEW YORK: After a drought of nearly three years, deal makers are optimistic about 2004, hoping that an improving global economy and companies’ need to expand markets and widen product offerings will boost mergers and acquisitions (M&As) worldwide. 

For most deal makers, including Wall Street investment bankers, the last three years have been brutal, with a weak US economy, battered stock markets and a wave of corporate scandals bringing corporate deals to a grinding halt. 

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