PwC has released its Q3 2012 Retail Sector Merger & Acquisition Report.
At a glance:
Deal activity in the R&C sector declined from recent highs in Q2; however, the overall trend remains positive to the prior year. Consumer sentiment is improving, reflecting slight progress
in household financial considerations, contributing to positive underlying business performance.
R&C companies continue to divest or spin off non-core operations and low growth businesses as they focus on core operations or more profitable segments to drive overall business growth.
Outbound cross border activity has been a significant factor this year as US companies continue to seek
an increased footprint or access to higher growth markets.