TITLE

Restructuring Likely To Pick Up in Europe

AUTHOR(S)
Ferguson, Joy
PUB. DATE
January 2005
SOURCE
Investment Dealers' Digest;1/31/2005, Vol. 71 Issue 4, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the restructuring industry in Europe. In the U.S., rapid technological change and foreign competition, especially from China, will slam into companies in a variety of industries. The combination of high oil prices and a weak U.S. dollar will create more distressed situations in Europe. The real restructuring action will take place in Europe. Even if economic factors do not force it, there will be a lot more activity in the distressed world in the next few years in Europe than one would normally expect on the basis of the business cycle. Technological changes will account for vast restructurings in such industries as telecommunications and television broadcasting.
ACCESSION #
15894556

 

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