Acquisitions as a Strategic Tool
McKinsey Quarterly recently published an article by Anish Melwani and
Werner Rehm entitled “A singular moment for merger
value?” They argue that market valuations are attractive by
absolute and relative standards and companies with the financial and
operating firepower to launch bids can use acquisitions for their
fundamental purpose of achieving long-term strategic objectives and
goals.
We couldn’t agree more strongly with their sentiment and will stay alert
for opportunities.