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See more charts by country, and sector at http://www.imaa-institute.org/statistics-mergers-acquisitions.html#MergersAcquisitions_Worldwide
One trend which has become blatantly apparent since mid-2012 is that M&A is the preferred growth strategy for US & UK companies. Rather than opting for the lengthier and often more costly process of developing their own operations, companies are more and more commonly seeking to acquire other companies operations with the view of integrating them into their own thus saving costs of development of personnel, buildings and infrastructure. What we are hearing first hand is that companies would much rather acquire existing operations in order to save time in order to capitalize on current market conditions as quickly as possible.
Via: http://www.benchmarkcorporate.com/2013/02/21/2013-ma-activity-the-story-so-far%E2%80%A6/
Global mergers and acquisitions rose to the highest level in four years this quarter, as a surge in U.S. deals provided ground for optimism and salvaged what had been the worst year for takeovers since the financial crisis. Companies worldwide have announced $691.9 billion in purchases in the final three months of the year, the most since the third quarter of 2008, according to data compiled by Bloomberg.
Banks and real owners are assembling huge conglomerates :-)
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Preorder at http://getmyo.com/
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The country has seen a huge amount of homeowners default on their rents or mortgage payments, prompting a wave of repossession by government-backed banks.
Following several suicides some locksmiths are no longer willing to carry out banks's orders to evict people from their houses.
The Spanish government authorities and banks have turned to the fire service to step in and break open the doors of those resisting eviction
Last Tuesday, firefighters in Coruna, a town in Northern Spain, were called to help evict an 85-year-old woman who had defaulted on her rent. When the firefighters arrived they refused to open the door and some of them joined in the protest. Since then, firefighters in other regions such as Catalonia and Madrid have followed their example.
I am sure, they'll find solution. may be will be using special forces to break into your door, may be will just blast it with explosives.
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This week, the people of Nottingham welcomed Goliath with open arms. An incredible 1,701 people applied for eight vacancies at a new Costa branch that opened yesterday. But such devotion is far from a reaction to a paucity of macchiatos in the suburb of Mapperley. Newly released quarterly figures show that despite a record number of people now in work, millions are trapped in a cycle of part-time employment. Permanent jobs are in short supply, stunting Britain’s recovery.
Btw, GB credit rating had been downgraded recently.
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"Things are quite tough right now," she said after the wedding. "We cut down on many things, from invitations to the reception, on everything."
The number of Greek couples who tied the knot in church tumbled to 28,000 in 2011, two years into Europe's debt crisis, compared to the pre-crisis level of 40,000 in 2008, according to the country's statistic service ELSTAT.
In contrast, the number of low-key civil unions skyrocketed to 26,000 in 2011 from about 8,000 a decade earlier.
Via: http://www.ekathimerini.com/4dcgi/_w_articles_wsite4_1_21/02/2013_484079
Check how it'll be, especially if you plan to get RED Epic to shoot weddings.
Better save some for your last days.
Some Greeks do not collect their dead loved ones from the hospital to avoid having to pay for the funeral. Others can no longer afford a traditional marble tombstone and so leave plots as simple dirt mounds overgrown by weeds, a cemetery official said.
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But a third stage remains, one which in China at any rate may be reached at no distant period, when capital and organising energy may be developed within the country, either by Europeans planted there or by natives. Thus fully equipped for future internal development in all the necessary productive powers, such a nation may turn upon her civiliser, untrammelled by need of further industrial aid, undersell him in his own market, take away his other foreign markets and secure for herself what further developing work remains to be done in other undeveloped parts of the earth. The shallow platitudes by which the less instructed Free Trader sometimes attempts to shirk this vital issue have already been exposed. It is here enough to repeat that Free Trade can nowise guarantee the maintenance of industry or of an industrial population upon any particular country, and there is no consideration, theoretic or practical, to prevent British capital from transferring itself to China, provided it can find there a cheaper or more efficient supply of labour, or even to prevent Chinese capital with Chinese labour from ousting British produce in neutral markets of the world. What applies to Great Britain applies equally to the other industrial nations which have driven their economic suckers into China. It is at least conceivable that China might so turn the tables upon the Western industrial nations, and, either by adopting their capital and organisers or, as is more probable, by substituting her own, might flood their markets with her cheaper manufactures, and refusing their imports in exchange might take her payment in liens upon their capital, reversing the earlier process of investment until she gradually obtained financial control over her quondam patrons and civilisers. This is no idle speculation. If China in very truth possesses those industrial and business capacities with which she is commonly accredited, and the Western Powers are able to have their will in developing her upon Western lines, it seems extremely likely that this reaction will result.
Via: John A. Hobson, Imperialism, A Study, 1902
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