With protracted federal budget cuts at the Pentagon and NASA on the horizon, aerospace companies across the nation are choosing to combine forces as they vie for fewer dollars and brace for the tough times ahead.
U.S. retail and consumer merger & acquisition activity during the first quarter of 2014 was primarily driven by five multibillion-dollar transactions, with more than half aligned to the food and beverage sector, confirming a positive deals outlook for the year, according to PwC's U.S. retail and consumer deals insights Q1 2014 report.
U.S. retail and consumer (R&C) total transaction value for 2013 surpassed $100bn for the first time since 2008, according to PwC's US retail and consumer deals insights 2013 Year in Review and 2014 Outlook report. Deals in the food and beverage sector and private equity investment in the apparel, footwear and accessories sector continued to drive activity in the R&C industry.