www.business-standard.com/ft/storypage.php?&autono=1927 -
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Published on: 6/28/2005
Last Visited: 6/28/2005
Tony Burgess, head of European M&A at Deutsche Bank, said the willingness of management to do deals had increased."This is why we have seen so many substantial deals recently and there is little sign that this trend is declining," he said.
The volume of deals worldwide has also been helped by a large number of financial sponsor deals, including the planned $11.3 billion sale of SunGard Data Systems, the US technology group, to a seven-member private equity consortium.
"Despite the recent wobble in the high-yield debt markets, private equity will continue to do a large volume of deals, investing the large, new funds they have raised," Burgess said.