U.S. Deal Making Abroad Falls: Japanese, Swedish,...
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From Times Staff and Wire Reports
U.S. Deal Making Abroad Falls: Japanese, Swedish, Swiss and other foreign corporations have stepped up their global mergers and acquisitions activity, while American firms’ deal making abroad has dropped off, the New York consulting firm KPMG Peat Marwick reported. American companies in the first half of 1990 made acquisitions valued at $8.1 billion, down from $11.4 billion in the year-ago period. Meanwhile, foreign purchases of U.S. companies rose to $27.9 billion from $23.9 billion.
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