A survey by KPMG Consulting reveals that 32% of high-profile cross-border corporate mergers between 1996-1998 are being unwound, while around two-thirds have yet to be integrated.
In a report that surely casts further doubt over whether aquisitions create value for shareholders, it is also revealed that almost a third of executives responsible for putting the deals together have now moved on to other jobs.
Global merger and acquisition activity is currently at a 10 year low.
KPMG Reports On Takeovers
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