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Finland: Weak markets yield M&A boom

By  |  January 23, 2014

Hard economic times for Finland are reportedly showing some benefits to the nation as struggling companies become attractive targets for acquirers.

According to reports, nations including the US, UK, Japan and Sweden are eying Finland to score cheap buyouts, a trend experts say will help boost the nation’s economy in the long-run.

Sweden, for example, recently pounced on Finland’s steelmaker Rautaruukki Oyj in a $1.56 billion offer by SSAB.

Finland’s Finance Minister Jutta Urpilainen recently warned of “historic” challenges after the nation faced two recessions in four years, say reports. But some experts say that as an acquisition target, Finland could again become competitive in the global market.

Full Content: Bloomberg

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