A joint report by PricewaterhouseCoopers and mergermarket
In 2006 and first half of 2007, mergers & acquisitions activity was strong in the Russian financial services industry. PricewaterhouseCoopers commissioned mergermarket to conduct a study of Russian financial institutions regarding their attitudes to M&A in the Financial Services sector. mergermarket interviewed 80 senior executives of medium to large size domestic Financial Services organisations in Russia. Interviews were conducted over the telephone, with respondents guaranteed anonymity.
As this survey underlines, even more deal activity is expected over the next 12 months in Russia’s financial services industry. PricewaterhouseCoopers believes that the anticipated increase in M&A activity warrants that market participants become more sophisticated along all steps of the deal continuum, which will ultimately lead to more successful deals for both buyer and seller and to the further strengthening of Russia’s financial services industry.
