Looming downturn won't slow M&A for consumer and retail companies, but spotlight is on customers, not scale

  • 📰 CNBC
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

Major consumer and retail companies are looking to mergers and acquisitions to strengthen their portfolios in the face of an anticipated economic slowdown by the end of 2019, a new report predicts.

Major consumer and retail companies are looking to mergers and acquisitions to strengthen their portfolios in the face of an anticipated economic slowdown by the end of 2019, according to a new report from consulting firm A.T. Kearney.

Long-standing companies in the retail and consumer sector are shifting gradually from using dealmaking to build marketshare and economies of scale to trying to find a way to offer a differentiating customer experience, El-Rayes said. There's been a wide stretch of strong M&A activity since the financial crisis, but firms are bracing for an anticipated economic slowdown at the year's end. Global political tension, trade wars and slowing economies abroad have contributed to fewer international M&A deals this year.

 

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

United States United States Latest News, United States United States Headlines

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

Peter Thiel's company Palantir wins major Pentagon contract, beating traditional military vendorsThe army awarded a contract worth up to $800 million to Peter Thiel-backed data analytics company Palantir. This is Palnatir's first on a 'defense program of record,' a designation for the most substantial government contracts. Wow, he really make it from zero to one. I’m sure it has nothing to do with his vast financial support for nutty right wingers and the GOP In the meantime, commie Google wants to work for the Chinese military. Thiel is the patriot! 🇺🇸👍
Source: CNBC - 🏆 12. / 72 Read more »