INTERVIEW: Buyers and sellers must share risk to bridge M&A valuation gap - banker

摘要

NEW YORK (ICIS)--With limited-to-zero earnings visibility amid the coronavirus crisis, more creative measures will be used in chemicals mergers and acquisitions (M&A) to bridge the valuation gap in buyer and seller expectations, an investment banker said on Tuesday. “The problem now is: What is the right valuation? No one has a crystal ball, so the only way is for buyers and sellers to share the risk to build a bridge between expectations,” said Bernd Schneider, managing director at investment bank Alantra.