We define two alternative acquisition sectors (Figure 3A): 1) The tail aspect includes all ensonifications along the head-tail axis (from both sides) and up to 45 degrees away from it.
Exel's chief executive, John Allan, refused to be drawn on whether he was interested in the acquisition but sector analysts questioned the wisdom of such a move.
An acquisition from another sector ("non-related acquisition") might indicate the wish of the acquirer to enter a new market or extend its existing capabilities through new applications of technologies.
He said the company was looking for further acquisitions in the sector that could be restructured and eventually relisted.
The value of mergers and acquisitions in the sector has amounted to $464.5 billion so far this year, accounting for 21 percent of overall deals worldwide.
Water companies were given a boost by Citigroup, which pointed to their defensive qualities, attractive dividend yields, the benefit of inflation to their profits and the possibility of mergers and acquisitions in the sector.
Water companies have been given a boost by Citigroup, which pointed to their defensive qualities, attractive dividend yields, the benefit of inflation to their profits and the possibility of mergers and acquisitions in the sector.
Last year, takeover activity in the global metals industry hit a record high and this year and next year should see even more mergers and acquisitions in that sector, according to Desjardins Securities.
Rising optimism about the outlook is likely to translate into increased mergers and acquisitions in the sector, according to the survey, which covered firms with turnovers of up to £500m a year.
With most of the shares tied up by the family or Mr. Arnault, there is no reason to consider using the cash reserves for a buyback, he said, nor is there reason to consider luxury sector acquisitions.
