Making the most of your transactions | Eight ways to capture value through carve-outs Carve-outs are again emerging as an attractive option for both sellers and buyers. Whether your goal is to raise capital or invest it, our recommendations can help. See which eight winning tactics buyers and sellers can use now – and the six most costly mistakes to avoid. Working capital performance improves in telecommunications Performance against working capital metrics in the telecommunications industry is a mixed bag: Companies in developed markets have made great progress in the past decade, although challenges still exist in emerging markets. Our benchmarking study reveals how the most effective working capital management strategies are being implemented. Consumer products quarterly deals: 3Q 2010 This quarter, global consumer products experienced the highest level of deal activity since Q208. While we don’t anticipate transactions accelerating into the fourth quarter, we expect the level of deal activity to be maintained through the end of the year. Find out what’s driving deals and see what’s on the horizon. The working capital challenge for oil and gas Is the oil and gas industry leaving too much value on the table? How can an increased focus on working capital management improve the performance of these companies? In this benchmarking study, we see huge opportunities for improvement in several areas, including inventory management and demand forecasting. Global technology M&A update: 3Q10 highlights After remaining flat from the first to the second quarter, M&A activity increased in deal number and total value, both YOY and sequentially. While key indicators point to continued M&A growth, a downturn in global economic confidence could dampen the short-term outlook. Discover which trends are driving global technology M&A activity. Pharma companies are tying up working capital The top 14 US and European pharmaceutical companies (by sales) have up to US$37b tied up unnecessarily in working capital — equivalent to 7% of their combined sales. Given today’s challenging environment, using working capital strategies to position yourself for success is all the more important. Find out how to get started. Despite improving capital confidence, appetite for M&A declines Ernst & Young's third Capital Confidence Barometer - a survey of more than 1,000 global executives - updates findings from April, when 38% of companies surveyed were actively seeking M&A opportunities. That number has now dropped by a quarter. Today, 76% indicate that organic growth through investment has become their top priority. |
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