‘Alpha companies will swallow weak firms after crisis’

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Commission expects surge in M&A after Covid-19 crisis

Bekezela Phakathi

The commission is an independent statutory body, mandated to investigate and evaluate markets, restrictive business practices, abuse of dominant positions and mergers and acquisitions. In March, Reuters reported that global M&A activity plunged 28% in the first quarter to its lowest level since 2016, aggravating a slow start to the year for dealmakers.told Business Day on Thursday that while there were some deals in recent months, there had been a marked decrease in M&A since the outbreak of the disease and the lockdown.

Hamilton, a director at First River Capital, said cash flow was “the lifeblood of any organisation” but the lockdown had severely restricted businesses’ ability to generate cash through operations, and that accessing cash through debt or equity investment was limited in the current economic climate and possibly unwise.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

No relief from medical aid companies amid coronavirus health crisisPeople are struggling to cope due to a loss of income, businesses have shut down, while many employees have had to endure salary cuts as companies fight to stay afloat. But medical aid companies are not offering payment holidays | LudidiVelani. busrep Bustards did they actually has the audacity ask? Have you no shame busrep Very greedy those companies busrep Government must make a medical like gems available to all south Africans wer tired of paying bloody high premiums some medical procedures they dnt even cover ai
Source: IOL - 🏆 46. / 51 Read more »