The allure of takeovers gains strength in Europe

Most years, the United States handily beats Europe for bragging rights in deal making, based on the total value of mergers and acquisitions. But this year, Europe is pulling ahead. The current takeover battle in banking, the biggest in the industry's history, is just the latest sign of the surging deal activity on the Continent. That flurry of activity is prompting changes in corporate behavior. European companies are scrambling to put themselves in play, or fend off unwanted approaches, much as U.S. companies did in the 1980s.

Read the full article by The International Herald Tribune.


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