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Cash piles to boost M&A in 2011

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As the global economy recovers, corporate strategies will turn from deliberate cash preservation to aggressive growth and expansion this year, according to the American Express/CFO Research Global Business & Spending Monitor.

The annual survey reveals that FDs worldwide, who have been pursuing cash preservation strategies, are holding substantial cash reserves and plan to use them for acquisitions as well as other revenue drivers such as R&D.  

Some 61% of UK senior financial executives say they plan to close a deal this year, and subdued growth forecasts at home make international deals even more enticing.

http://www.financialdirector.co.uk/financial-director/news/2073251/fds-p...

 

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Posted Jun 2011
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