Tuesday, January 05, 2010

Economic crisis: Polish companies for bargain prices

From: Baltic-Review
The global economic crisis is facilitating the acquisition of Polish companies, writes the conservative daily Rzeczpospolita:

“According to prevailing opinion a crisis is the best time for mergers and takeovers.

The prices for companies have fallen considerably and the bosses and owners of struggling companies are more inclined to talk to potential investors.

At the same time each company thinks five times about making a binding offers and the possibilities for financing huge transactions are heavily restricted by the banks.

Nonetheless, more and more companies reach the conclusion that cooperation with international companies can be useful to them.”