(Reuters) - The study released on Wednesday says private-equity firms
are able to buy automotive companies at lower multiples of
earnings, compared with companies in other industries.
"It just stands to reason that the auto industry's
below-average multiples, coupled with its significant cash
flows, will make it a magnet for private equity for as long as
money for deals remains as free-flowing as it is today," John
Hoffecker, a managing director of AlixPartners, said in a
statement.
Read more at Reuters.com Mergers News
are able to buy automotive companies at lower multiples of
earnings, compared with companies in other industries.
"It just stands to reason that the auto industry's
below-average multiples, coupled with its significant cash
flows, will make it a magnet for private equity for as long as
money for deals remains as free-flowing as it is today," John
Hoffecker, a managing director of AlixPartners, said in a
statement.
Read more at Reuters.com Mergers News
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