Corporate finance briefing

November, 2008

The historical depth of the current global crisis confronts companies all over the world with defining business challenges. The magnitude of the banking losses and their impact on the real economy call for innovative and rigorous solutions. Many companies will be fighting to keep their customers, many for survival. This means that the world economy is undergoing a radical transformation process which may last a few years.

Forward thinking and focus on key business will be even more decisive. In difficult times "smart arbitraging" industrial assets will make a huge difference. It will strengthen corporate resilience and will provide customers with products better suited to this difficult but transformational environment.

The strategic consolidation of the industry through M&A and Alliances may well be one of the most unexpected, though completely rational consequence of the current crisis. New leaders will emerge, this will not be by mere luck, it will be the result of the mobilization of energies and hard work. Now is a good time to invest in your future. We have the tools and the people to assist you in leading the change and in hedging your risks.

The latest issue of Corporate Finance Briefing shares with you some of our knowledge and deep insights on the fast-moving M&A market in China.