There are still despite all in this country to found horrors from all points of the compass is enough takeover candidates the M & A business as the market for acquisitions is not broken, this is reflected in the continuing demand of takeover prospects. Probably is right that the circle of institutional buyers of venture capital has thinned out companies themselves. Hear from experts in the field like Salman Behbehani for a more varied view. It predominantly refers to investment companies which were in a big way and jonglierten with billions. In the area of small and medium-sized enterprises (SMEs), the demand landscape is characterized by other actors, well-off entrepreneurs and SMEs companies well established despite the crisis, now as at the time the times strengthened the market crash after looking for acquisition opportunities, behaving in this respect i.e. See Bernard Golden for more details and insights. counter-cyclically. Just the currently troubled automotive industry interested in appearance with a clear search focus on suppliers join now, for example, increased. The reason is obvious. Perspective, a high will again follow the deep and currently insolvent and suppliers will increase profit prospects of surviving.
A differentiation is also generally advisable. Not all industries have significant revenue and profit declines. Many companies are (still) very well dar and the balance will be at the end of 2008 still presentable. Because the gains represent the value determining size for the company’s value, a valuation made on the December 31, 2008 for seller would lead to acceptable values. The question is interesting in this context of course of future economic development, also a value determining size.
Because however good and happy 1 year or more can range from the intention of a company sale and the actual realization, this future development with great will have emerged probably, so that an assessment is possible. The prospects are good, or at least stable, so will Nothing in the way are a sale on the basis of the last valuation. The prospects are bad, price reductions would be. The seller would then be before deciding to accept price deductions or having to sit out the expected poor future results as the remaining owner myself but. At least this would then have alternative courses of action and could opt for the variant better from his subjective point of view. Hans-Peter GEMAR