M&As take no prisoners
Last year was a good year for M&As in Poland. The volume of deals increased by 20 percent and their value was up 119 percent to $6.22 (zł.20) billion, with the US leading other countries to become the top investor in the country.
This is according to a report published last week by PricewaterhouseCoopers. It says that the manufacturing and financial services sector was the most attractive sector and it expects serious growth to continue in this area.
Seven transactions with values in excess of $100 (zł.322) million significantly boosted the figures. The largest deal was the takeover of 28 Metro-anchored shopping centers by Apollo Rida Retail Holdings, which paid a German investment vehicle $840 (zł.2,705) million for the property. This was the largest ever Polish private deal.
Foreign investors continue to flock to the Polish market, mainly from the US, France and Germany. Last year, they accounted for 136 transactions, which made up 46 percent of all M&A in Poland.
Poland also had the largest number of privatizations in the region. Overall CEE privatizations came to $12.4 (zł.40) billion, a 21 percent increase on 2003. This represents 24 percent of all M&A spending, with Poland top of the pile with $3.9 (zł.12.6) billion spent in the country.
This is according to a report published last week by PricewaterhouseCoopers. It says that the manufacturing and financial services sector was the most attractive sector and it expects serious growth to continue in this area.
Seven transactions with values in excess of $100 (zł.322) million significantly boosted the figures. The largest deal was the takeover of 28 Metro-anchored shopping centers by Apollo Rida Retail Holdings, which paid a German investment vehicle $840 (zł.2,705) million for the property. This was the largest ever Polish private deal.
Foreign investors continue to flock to the Polish market, mainly from the US, France and Germany. Last year, they accounted for 136 transactions, which made up 46 percent of all M&A in Poland.
Poland also had the largest number of privatizations in the region. Overall CEE privatizations came to $12.4 (zł.40) billion, a 21 percent increase on 2003. This represents 24 percent of all M&A spending, with Poland top of the pile with $3.9 (zł.12.6) billion spent in the country.
