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Article: Israeli mergers & acquisitions quadruple. KPMG: Political uncertainty surrounding elections may slow trend
- Article from:
- Jerusalem Post
- Article date:
- December 15, 2005
- Author:
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AVI KRAWITZ
Jerusalem Post
12-15-2005
Headline: Israeli mergers & acquisitions quadruple. KPMG: Political uncertainty surrounding elections may slow trend
Byline: AVI KRAWITZ
Edition; Daily
Section: Economics
Page: 17
Thursday, December 15, 2005 -- Merger and acquisition activity of Israeli companies skyrocketed in 2005, reaching pre-2000 levels, as an improvement in market conditions and a stronger sense of security and political stability encouraged local and foreign investors.
A survey conducted by research company DealWatch, commissioned by accounting firm KPMG, showed that the value of closed deals quadrupled to $8 billion through the year from $2b. in 2004.
"The high level of ...