(PRWEB) August 25, 2012
Big4.com, the premier social networking forum for professionals and alumni of Accenture, Andersen, BearingPoint, Capgemini, Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers PwC reports global automotive industry merger and acquisition (M&A) activity slowed during the first half (H1) of 2012.
However, Big4.com reports that North American acquirers’ share of global M&A increased from 20 percent in 2010 to 26 percent in the H1 of 2012. North American entities were also the most prominent cross-border acquirers, with 16 out of 46 cross border deals. Asia was the most active region with more than a third of the global automotive M&A activity during the H1 of 2012. However, most activity was intra-regional, with 86 out of 98 transactions between Asian entities.
Big4.com also notes that while deal activity slowed across all categories, component suppliers were the most resilient, registering only a five percent decline in deal volume compared to 19 percent and 21 percent declines in vehicle manufacturers and other categories respectively.
Big4.com is the accounting, tax, consulting and IT professions’ premier resource, and has been exclusively focused on Big Four firm professionals and alumni for 10 years, providing high quality content, connectivity and commerce. The Big Four Job Board offers fresh job opportunities – clients include the world’s leading companies. Big Four News covers key news, developments, events, survey results, press releases and appointments. The Big Four Blog provides opinion and insight on recent and key developments, news, happenings, management changes, regulations, acquisitions and capital market activities. Big4 Video is a professionally produced news covering key global developments in this space.
Big4.com has a strong presence on key social media platforms:
Youtube: Big4Video is a professionally produced weekly news magazine.
Twitter: twitter.com/big4 has 9,500 followers.
LinkedIn: The Big Four Alumni and Professionals group is the largest corporate and alumni group with 100,000+ members.
Facebook: The Big4 fan page has 7,500 fans at facebook.com/big4page.
Xing: The Big Four Alumni and Professionals group has 1,450+ members.
- Kristy Short