The truth about M&A: Marriage and acrimony

The hits, misses and maybes of the deal world

clock • 1 min read

James Spence, co-founder and managing director at Cerno Capital, looks at the deals that blossomed into something meaningful - and those that ended in heartache.

James Spence, co-founder and managing director at Cerno Capital, looks at the deals that blossomed into something meaningful - and those that ended in heartache. When companies launch into the expensive, disruptive and time-consuming process of acquisition, it informs the investor of how company managements see their sector. Above and beyond bland quarterly updates, which have often become anodyne, acquisition strategies reveal real desire. And, as with love and lust, these impulses are fraught with risk, particularly for the CEOs who have to rationalise their desires into an infor...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Markets

Market Movers blog: US indices rise at the open as China trade talks are set to kick off

Market Movers blog: US indices rise at the open as China trade talks are set to kick off

Latest news and analysis

Investment Week
clock 09 May 2025 • 1 min read
Governor Andrew Bailey defends Bank of England in a world of 'shocks'

Governor Andrew Bailey defends Bank of England in a world of 'shocks'

Committed to the 2% target

clock 09 May 2025 • 1 min read
US-UK deal an 'opportunity' for both nations but fails to quell questions and concerns

US-UK deal an 'opportunity' for both nations but fails to quell questions and concerns

The US' first deal since 'Liberation Day'

clock 09 May 2025 • 3 min read
Trustpilot
Loading page