Finance / United States
Time To Restructure
October 2008 | Closing BellAs our sister publication Emerging Markets Monitor is forecasting oil at US$50/bbl in the near-term, and potentially even lower over the coming months, the conclusion is that the falling oil price could actually fuel M&A activity in the oil sector. Although high oil prices drove M&A in sector, mainly in oil field services and capital intensive reserves, industry experts are now saying that oil at US$50/bbl will also fuel activity. They say, and CFW agrees, that a plethora of mid-market acquisitions are on the way.
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