• 11-MAR-2013

  • SOURCE: PricewaterhouseCoopers LLP

Mega metal deals grind down in 2013 as bite size deals take off, says PwC

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All eyes in the metal industry will be on the lookout for a silver lining in the uncertain economic horizon this year as a PwC report out today predicts. Mega deals will dwindle against a surge in smaller announcements according to Forging Ahead, with CEOs holding onto their purse strings.

In PwC's annual in-depth metals M&A review and forecast, the headline trend is for a continuing recovery from a post credit-crunch low with Asia being the 'star' region dominating the 2012 deals market. It accounted for 68% of totals deals value, more than three times the 19% share it held in 2011.