Editor's comment: Tempting fate on features
Commissioning editorial copy can be a bit like tempting fate. This week’s broker-focused feature on mergers and acquisitions reflected back over 2011 as its starting point, when first conceived a couple of months ago, with a writer assigned to analyse the current and potential future state of affairs.
As commentators point out, 2011 wasn’t a ‘big’ year for broker M&A. Understandable perhaps, with sellers still smarting from the much reduced multiples compared to the heady days of 2005/2006.
But no
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