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NOT A SUBSCRIBER?Fear of commitmentPosted on January 30, 2009 1:27 PM
Cross-border mergers and acquisitions were all the rage in the good old days, say, six months ago. They were no longer the exclusive domain of American or British multinationals. They were no longer just the predictable movements of capital from the United States to Europe and vice-versa.
In cross-border M&A, Indian companies aggressively gobbled up European interests. Russian and Brazilian concerns spent billions of dollars for Canadian assets. Sovereign wealth funds from Singapore to Abu Dhabi wrote enormous checks for major stakes in British and American financial institutions. Private equity shops acted like masters of the universe just about anywhere in the universe. Now? Try wholesale retreat. This is a free preview of the content available in The Deal Pipeline. Subscribers enjoy access to the full story, as well as second-to-none research tools. To request a demo, or, if you are an existing user to The Deal Pipeline, log in to your account, please scroll down and click the button. Dig deeper, with Pipeline.
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