Mid-size companies put M&A on hold

Mid-size Irish technology companies are putting merger and acquisition (M&A) activity on the long finger despite having the funds and a list of potential targets, according to commercial banker Barclays Ireland.

8th November, 2008

Mid-size Irish technology companies are putting merger and acquisition (M&A) activity on the long finger despite having the funds and a list of potential targets, according to commercial banker Barclays Ireland.

Greg Doran, relationship director with the bank’s Irish operation said two factors were causing firms to postpone M&A activity. The banking crisis had increased the cost of funds, which made deals at this time more expensive than usual.

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