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Europe found such a big consolidation tougher, because politics got in the way.
"Pharmaceutical large-cap stocks worldwide have been punished badly, despite the big consolidation under way," Mr. Mehta said.
MANY BANK STOCKS RISE Clarence Dillon Is Reported as Amused by the Rumors He Was Back of a Big Consolidation.
"This is the start of a big consolidation phase in the industry," said Chris Chinnock, senior analyst at Insight Media, a television research firm based in Connecticut.
In volume terms, six groups, GM, Toyota, Ford, Renault/Nissan, Volkswagen and DaimlerChrysler account for some 70% of global sales, including their affiliates.The three big consolidation deals of recent times have all involved European companies, and have produced mixed results.
The move is a big consolidation play from Amobee, bringing in both a bigger client footprint and more ad tech.
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Big consolidations; small fry axed.
But not only have big consolidations continued, the behemoths have further cemented their reach in some regions of the country by gobbling up major doctors' and surgeons' practices.
We've seen a number of big consolidations in the Valley, most notably Oracle buying Sun.
For a while, it appeared the wave of big consolidations in the aerospace industry had played itself out.
The mega-agency created by the merger agreement of Harper Needham, BBDO and Doyle Dane Bernbach is the latest, and biggest, consolidation in the advertising industry.
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