Worldwide mergers and acquisitions market boom comes to Poland

Across the globe, the value of closed transactions increased by 47%, reaching a value of $1.5 trillion, while the number increased by 10% to 19,000. The domestic market is not missing out on these tendencies. Last year there were 167 mergers executed, with a total value of $2.7 billion, which is more than double as compared to the previous year. "The interesting thing is that the share of acquisitions by foreign capital fell to 40%," said Krzysztof Rozen, a partner at KPMG Corporate Finance. Despite these figures the value of M&A in relation to the GDP still remains five times lower than in developed countries. "If the convergence theory comes into power, then within the next three to five years the domestic market will go through a boom of consolidation," adds Rozen. (Puls Biznesu, p. 7) A.K.