Polish firms lose interest in M&A deals - report
October 15, 2013
Polish companies are losing their appetite for mergers and acquisitions, according to a Grant Thornton (GT) survey cited by the daily Puls Biznesu.
The percentage of firms declaring readiness for takeovers fell from 66% in 2011 to 35% in 2012 and to 18% in 2013, the lowest level in the five-year history of the study.
Among 16 EU countries covered by the survey, only the Baltics and Germany had lower results. The average stood at 25%.
The loss of interest in M&A deals in Poland may stem from the fact that the companies' appetites have been satisfied or from the economic downturn, the daily writes.