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Emerging Markets Not Suitable for Mergers and Acquisitions
A new survey showed that operations involving mergers and acquisitions taking place in emerging and developed markets dropped considerably in the first half of the year compared to the exact period a year ago, mainly because of the ongoing Euro Zone crisis. According to KPMG, the business, tax and audit advisory services firm, there was a noticeable slowdown on deals which had been completed, as the number dropped from 15.8 percent for the duration of the first six months of the year, compared to the first six months of the last year.
