MERGERS & ACQUISITIONS
Global mining and metals transaction activity in the first quarter of 2016 confirms the harsh reality faced by mining companies across the industry is far from over. This is according to professional services firm EY’s latest quarterly analysis, which reports that deal values fell 45% year-on-year to $3.3-billion in the first quarter of 2016 from $5.9-billion during the same period in 2015. The report entitled ‘Divestments: extracting hidden value’, confirms the five-year downward trend in transaction activity failed to subside in the first quarter of 2016.
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