As long as there are no major shocks and the interest rate environment remains the same, I expect it to go on into the first half of 2006 at the very least. |
But it would not surprise me. If it did happen it would be pretty much a failure of leadership. |
People are more prepared since then, whether that is media owners with more opportunities or, more importantly, clients who have taken a wiser look at it. |
The M&A revival is truly a global phenomenon, and it's not just driven by the developed markets like the U.S.. In parts of Europe - Germany and Central and Eastern Europe - there are areas that are not so mature. |