Sweden's M&A's back in plus percentages

Mergers and acquisitions market an indicator of reviving Swedish economy. 

• Sweden's M&A's back in plus percentages
  Sweden's mergers and acquisitions are swelling this year after a free fall in 2009 by some 60%. After the first six months of this year, the business daily, Dagens Industri, reported that the M&A activities had rebounded by 40%.

• Legal firms have reported up to 10% income hikes due to M&A assignments, according to statements from business specialists like Mannheimer Swartling and Vinge. Reversely relevant, at the same time as bookkeepers reborn as top paid consultants like Ernst & Young warned that foreign investments in Sweden dwindled by 32%, the Swedish elite measuring instruments firm, Hexagon, plunked down $2.1 billion to scoop up the US-based Intergraph Corp.

• Another note worth making about the global M&A market, Google continued gobbling more venture-backed startups than any other company in 2010, and even snatched a few tasty tidbits on Sweden's business platter from arch rivals like Cisco, IBM, and Microsoft.

• Interpreting the boost in M&A as another sign that Sweden's economy is on the road to recovery, analysts reckoned that some of the upward trend might be due merely to a rollback of the amount of cash on hand that was needed to form a corporation. In a single month since the requirement was cut in half - but not to previous levels that were as little as a fifth of Sweden's high water mark for capital requirements - the number of new corporate launches jumped 60% in June alone.