Fri, 10 Sep 2010 | BUSINESS NEWS
The Scottish M&A landscape is beginning to turn a corner. PwC's head of corporate finance, David Leslie, has highlighted a marked improvement in market sentiment, buoyed by strong financial announcements from a number of major Scottish companies.
Despite fears of a double-dip recession, the deal community feels that, regardless of how the economy develops, the same drought of activity as witnessed in 2009 is unlikely.
Improving optimism may also see the price gap between asking and selling price narrow and further facilitate activity.
Experts believe the sector's recovery will be led by strong corporates and private equity firms.
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