January 6, 2011
More prognostications for 2011 ... cross border protectionism
Reuters suggests protectionism could stall Asian M&A - particularly in the resource and financial sectors:
"We have seen increased level of scrutiny and governmental control being applied to cross-border and M&A transactions and there is a more protectionist flavor currently than what we have seen in the past," said Colin Banfield, Citigroup's head of M&A for Asia-Pacific.
I suppose with oil threatening to hit $100/barrel this has to be true.
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