EY: Acquisitions can bring significant profits

By: Trademagazin editor Date: 2020. 08. 12. 11:10

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The corporate acquisition market has also been pushed back by the coronavirus, but the transactions could bring significant gains in the long run, EY told MTI on Wednesday.

The international financial advisory firm recommends that corporate decision makers reassess their performance and consider acquisitions as soon as possible. The best position now is with companies that have financial reserves so they can think about portfolio clean-ups and takeovers in addition to dealing with emergencies, they added. (MTI)