Merger and acquisitions jump over 17 per cent to USD 25.3 billion in Q1: Report
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Last Updated: Apr 22, 2021, 05:45 PM IST
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Though the deal value jumped 17.4 per cent to USD 25.3 billion across 97 deals, over USD 21.6 billion across 122 deals, which means the deal volume is down 20.5 per cent during the same period over the same period last year, Mergermarket said in the report.
Agencies
However, domestic M&As plunged 1.5 per cent in value to USD 9.9 billion across 54 deals, over USD 14.5 billion in 70 transactions.
Merger and acquisitions surged 17.4 per cent in the March quarter to USD 25.3 billion across 97 deals, according to a report. According to the report collated by Mergermarket, relaxation in the pandemic restrictions as well as investor optimism due to vaccines roll-out and government stimulus have helped the delay activities.
A recently remodeled Pizza Hut location Pizza Hut
Pandemic weeded out rival bidders
Flynn has been an Applebee s franchise since 1999. But in 2011, he began scouting top tier quick-service chains in different markets.
When you slice and dice it that way, Flynn said that left him very few brands to go after.
In 2012, he added Taco Bell, followed by Panera Bread in 2014 and Arby s in 2018.
The Arby s transaction, which involved the purchase of 368 restaurants from US Beef, was the largest franchise transaction ever, Flynn said. That is, before the NPC deal.
The deal laid the groundwork for his most ambitious purchase to date. Scale, he said, is crucial to his game plan.