PwC Sees Increased M&A Activity in the Financial Services Sector by ProQuest

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After one of its slowest years in recent memory, the financial services M&A market remains uncertain over the timing of the economic recovery and impact of proposed regulatory, healthcare, and tax reforms, according to a new report issued by accounting firm Pricewaterhousecoopers. Optimism driven by an apparent recovery in GDP growth has been tempered by stubbornly high levels of unemployment. However, in the report, titled "On the Road Again -- Transactions in an Opportunistic Market", PwC says transactions are on the move again. Despite the fact that leverage is still scarce, private equity activity is increasing.

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									PwC Sees Increased M&A Activity in the Financial Services Sector
Anonymous
The Secured Lender; Jul/Aug 2010; 66, 5; Docstoc
pg. 14




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