Acquisitions are exciting for those watching the markets - and for investors, it should represent an opportunity for a company to grow and deliver returns to shareholders.
But what does a company look for when considering a takeover - and what does it mean for shareholders if they pay too much?
Roger Montgomery, Founder and Chief Investment Officer of Montgomery Investment Management, gives Sean Aylmer an investor's guide to M&A activity.
This is general information only. You should get professional advice before making an investment decision.
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