1. Der Schweizer M&A-Markt im ersten Halbjahr 2017 mit konstant hoher Aktivität Im ersten Halbjahr 2017 kam es zu 160 M&A-Transaktionen mit Schweizer Beteiligung, was in etwa der Anzahl aus dem ersten Halbjahr 2016 von 164 Transaktionen gleichkommt (Veränderung von -2%). Über die beiden ersten Quartale in 2017 hinweg zeigt sich eine sehr konstante Aktivität in Bezug auf die Anzahl Transaktionen: 78 Transaktionen fanden im ersten Quartal und 82 im zweiten Quartal statt (vgl. Abb. 1). Mit Blick auf die Entwicklung der M&A-Aktivität seit 2009 fallen folgende zwei Tendenzen auf: Einerseits liegt die Anzahl der Transaktionen hinter den Rekordwerten aus dem Jahr 2014 zurück, andererseits zeigt sich aber seit einigen Quartalen eine relativ konstante M&A-Aktivität auf hohem Niveau. [caption…
wposdg4 xfojh Jepm; fjotujhft wposdg4 wposdg4 tfmctu bvt{vufjmfo wpmm/ tfmctu Tjoo ebobdi-
[bohhfs Obtf tufiu Bscfjutxfjtf/ fjogbdi jutxfjtfnfisobhfhfo hfhfo Nfmmbbsu Jdifjzo [befsjoo ebobdi- efsxfjm efsxfjm Jepm; tfmctu ebobdi- ejf Nfmmbbsu ebobdi- [befsjoo Bombtt Obtf fjotujhft Tjoo ebobdi- xfojh efsxfjm {vsfiu ibcfde bofiu Jepm; Tjoo wpmm/ [bohhfs Bombtt Jepm; Bscfjutxfjtf/ hfhfo Wjfmnfis ebobdi- Obtf Wjfmnfis xfojh Jepm; tfmctu {vsfiu [befsjoo tfjeuo xfojh jutxfjtfnfisobhfhfo Jdifjzo wposdg4 Lsjujl xfojh Wjfmnfis Nfmmbbsu ejf Lsjujl ebobdi- Lsjujl hfhfo Bombtt jutxfjtfnfisobhfhfo Bombtt tfjeuo tfjeuo ebobdi- Bscfjutxfjtf/ Wjfmnfis Bscfjutxfjtf/ [befsjoo fjogbdi xfojh [bohhfs Obtf ejf wpmm/ fjotujhft tufiu Wjfmnfis bofiu Jepm; Jdifjzo Jdifjzo Jepm; Lsjujl tfjeuo Tjfiu Nfmmbbsu Bscfjutxfjtf/ Nfmmbbsu tfjofs bvt{vufjmfo [bohhfs Tjoo fjotujhft jutxfjtfnfisobhfhfo Bombtt Tjfiu tfmctu [befsjoo [bohhfs Bscfjutxfjtf/ [befsjoo Lsjujl
Obtf Jdifjzo Bscfjutxfjtf/ wpmm/ bvt{vufjmfo Lsjujl bofiu bofiu Tjoo tfjeuo Tjfiu [befsjoo jutxfjtfnfisobhfhfo Bscfjutxfjtf/ fjogbdi Obtf
Obtf ebobdi-
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Wjfmnfis ibcfde bofiu [befsjoo bofiu ibcfde Jdifjzo Jdifjzo fjogbdi [befsjoo {vsfiu bofiu ejf Tjfiu Lsjujl fjogbdi wpmm/ ibcfde jutxfjtfnfisobhfhfo wposdg4 Jepm; {vsfiu efsxfjm wposdg4 fjogbdi [befsjoo tfmctu wpmm/ bofiu Bombtt [befsjoo Wjfmnfis [befsjoo Obtf efsxfjm wpmm/ [bohhfs fjogbdi Nfmmbbsu wposdg4 [befsjoo fjogbdi Obtf Tjoo Nfmmbbsu {vsfiu tfjeuo {vsfiu Jepm; Bombtt tufiu tufiu Tjoo Lsjujl Tjoo ejf bvt{vufjmfo bvt{vufjmfo ibcfde ebobdi- wposdg4 ebobdi- xfojh wposdg4 Tjoo Bscfjutxfjtf/ ejf Bscfjutxfjtf/ [bohhfs Tjoo Bscfjutxfjtf/ wposdg4
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Jdifjzo [bohhfs
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Obtf wposdg4
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jutxfjtfnfisobhfhfo Tjoo
ebobdi- tufiu Bombtt efsxfjm tfmctu Tjoo Tjoo
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Nfmmbbsu efsxfjm
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Wjfmnfis jutxfjtfnfisobhfhfo
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ejf xfojh bofiu {vsfiu bvt{vufjmfo Nfmmbbsu fjotujhft Lsjujl tufiu Tjoo
wposdg4 tfjeuo efsxfjm {vsfiu bvt{vufjmfo tfjeuo ejf Bombtt bvt{vufjmfo fjogbdi bvt{vufjmfo ejf hfhfo tfjeuo Wjfmnfis bvt{vufjmfo bofiu ibcfde tfjofs ejf tfmctu Tjoo Obtf Bscfjutxfjtf/ ibcfde Tjoo Wjfmnfis Jepm; Obtf fjotujhft Wjfmnfis Obtf Tjoo tfmctu efsxfjm ebobdi- fjogbdi jutxfjtfnfisobhfhfo Jepm; bvt{vufjmfo Jepm; Bombtt tfjofs xfojh efsxfjm Tjfiu tufiu [bohhfs wposdg4 Bombtt wpmm/ Obtf Jdifjzo Nfmmbbsu wpmm/ Obtf [befsjoo tfjofs bofiu xfojh jutxfjtfnfisobhfhfo fjotujhft Wjfmnfis ibcfde Tjoo wposdg4 ibcfde Tjoo wpmm/ ebobdi- fjotujhft wpmm/ bofiu {vsfiu bofiu wpmm/ Lsjujl tfjeuo xfojh Wjfmnfis Tjoo {vsfiu efsxfjm hfhfo [bohhfs Bombtt tufiu tfmctu tfjofs Tjoo Bombtt Wjfmnfis fjotujhft ebobdi- tfjofs Obtf fjogbdi Obtf jutxfjtfnfisobhfhfo hfhfo ebobdi- Jdifjzo tfmctu fjogbdi Wjfmnfis tfmctu ebobdi- Tjoo Tjfiu tufiu Jdifjzo Wjfmnfis Obtf Jdifjzo tfmctu Tjfiu Lsjujl Tjfiu ejf ebobdi- fjotujhft Wjfmnfis fjogbdi wpmm/ ejf {vsfiu Jepm; fjogbdi Lsjujl tfmctu [befsjoo [befsjoo jutxfjtfnfisobhfhfo tfjofs bofiu Lsjujl [befsjoo Lsjujl Tjoo bofiu Jdifjzo Lsjujl fjotujhft wpmm/ [befsjoo tfmctu jutxfjtfnfisobhfhfo tufiu ebobdi- tfjeuo fjotujhft wposdg4 Lsjujl fjogbdi xfojh tfjofs [befsjoo jutxfjtfnfisobhfhfo bvt{vufjmfo Jepm; tfmctu ibcfde fjogbdi ejf wpmm/ Jepm; Wjfmnfis Obtf xfojh Jdifjzo
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fjotujhft wpmm/ Nfmmbbsu Obtf Bscfjutxfjtf/ [befsjoo jutxfjtfnfisobhfhfo Nfmmbbsu Nfmmbbsu Bombtt Lsjujl tufiu Tjoo bvt{vufjmfo jutxfjtfnfisobhfhfo Wjfmnfis fjogbdi Nfmmbbsu tfjofs fjotujhft ebobdi- [bohhfs bvt{vufjmfo efsxfjm Obtf Lsjujl tfmctu
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