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	<title>Transactions Blog &#187; Transactions</title>
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	<link>http://www.pwcblogs.be/transactions</link>
	<description>Our experts'comments on Mergers and Acquisitions</description>
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			<item>
		<title>M&amp;A Academy: &#8220;How can real estate become a financing means for your company today?&#8221;</title>
		<link>http://www.pwcblogs.be/transactions/2010/03/ma-academy-how-can-real-estate-become-a-financing-means-for-your-company-today/</link>
		<comments>http://www.pwcblogs.be/transactions/2010/03/ma-academy-how-can-real-estate-become-a-financing-means-for-your-company-today/#comments</comments>
		<pubDate>Fri, 26 Mar 2010 13:33:10 +0000</pubDate>
		<dc:creator>Sophie Van Durme</dc:creator>
				<category><![CDATA[Events]]></category>
		<category><![CDATA[Presentation]]></category>
		<category><![CDATA[acquisition]]></category>
		<category><![CDATA[acquisitions]]></category>
		<category><![CDATA[financing]]></category>
		<category><![CDATA[M&A]]></category>
		<category><![CDATA[M&A Academy]]></category>
		<category><![CDATA[mergers]]></category>
		<category><![CDATA[OpCo]]></category>
		<category><![CDATA[PropCo]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[Transactions]]></category>

		<guid isPermaLink="false">http://www.pwcblogs.be/transactions/?p=588</guid>
		<description><![CDATA[Market studies chave shown that over the last years the total accounting value of all lands and buildings of the 30.000 biggest BelCo&#8217;s amounts to EUR 50 billion. When you know that the market value of said assets equals minimum 3 times their accounting value, this represents a dramatic hidden value in the current market [...]]]></description>
		<wfw:commentRss>http://www.pwcblogs.be/transactions/2010/03/ma-academy-how-can-real-estate-become-a-financing-means-for-your-company-today/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>M&amp;A Academy &#8211; &#8220;Tax implications of business restructuring&#8221;</title>
		<link>http://www.pwcblogs.be/transactions/2010/02/ma-academy-tax-implications-of-business-restructuring/</link>
		<comments>http://www.pwcblogs.be/transactions/2010/02/ma-academy-tax-implications-of-business-restructuring/#comments</comments>
		<pubDate>Thu, 25 Feb 2010 13:46:27 +0000</pubDate>
		<dc:creator>Sophie Van Durme</dc:creator>
				<category><![CDATA[Events]]></category>
		<category><![CDATA[Presentation]]></category>
		<category><![CDATA[acquisition]]></category>
		<category><![CDATA[business restructuring]]></category>
		<category><![CDATA[corporate finance]]></category>
		<category><![CDATA[M&A]]></category>
		<category><![CDATA[merger]]></category>
		<category><![CDATA[mergers & acquisitions]]></category>
		<category><![CDATA[restructuring]]></category>
		<category><![CDATA[Tax]]></category>
		<category><![CDATA[Transactions]]></category>

		<guid isPermaLink="false">http://www.pwcblogs.be/transactions/?p=561</guid>
		<description><![CDATA[2008 and 2009 are challenging times for the M&#38;A market due to the lack of available funding. Many investors and international groups are looking for cost-cutting opportunities and cash optimisation.
During the 5th session of our M&#38;A Academy, we tried to evaluate how reshaping your conventional business model towards a more flexible structure can help you [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Prepare your business structure for the another challenging year</title>
		<link>http://www.pwcblogs.be/transactions/2009/12/prepare-your-business-structure-for-the-another-challenging-year/</link>
		<comments>http://www.pwcblogs.be/transactions/2009/12/prepare-your-business-structure-for-the-another-challenging-year/#comments</comments>
		<pubDate>Mon, 14 Dec 2009 10:59:18 +0000</pubDate>
		<dc:creator>Nancy De Beule</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[acquisition]]></category>
		<category><![CDATA[belgian tax law]]></category>
		<category><![CDATA[M&A]]></category>
		<category><![CDATA[Transactions]]></category>

		<guid isPermaLink="false">http://www.pwcblogs.be/transactions/?p=501</guid>
		<description><![CDATA[2008-2009 were challenging times for the M&#38;A market due to the lack of available funding. Many investors and international groups are looking for cost-cutting opportunities and cash optimization.
 
Reshaping your conventional business model towards a more flexible structure can help you in for example the improvement of your business model, tax credits optimisation and/or cash optimisation.
 
Furthermore, [...]]]></description>
		<wfw:commentRss>http://www.pwcblogs.be/transactions/2009/12/prepare-your-business-structure-for-the-another-challenging-year/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Global Transportation and Logistics M&amp;A transaction analysis 2009: positive contribution of Russia and China to deal volume and value</title>
		<link>http://www.pwcblogs.be/transactions/2009/09/global-transportation-and-logistics-ma-transaction-analysis-2009-positive-contribution-of-russia-and-china-to-deal-volume-and-value/</link>
		<comments>http://www.pwcblogs.be/transactions/2009/09/global-transportation-and-logistics-ma-transaction-analysis-2009-positive-contribution-of-russia-and-china-to-deal-volume-and-value/#comments</comments>
		<pubDate>Tue, 22 Sep 2009 11:18:31 +0000</pubDate>
		<dc:creator>Barbara Van Dyck</dc:creator>
				<category><![CDATA[Publications]]></category>
		<category><![CDATA[deal value]]></category>
		<category><![CDATA[deal volume]]></category>
		<category><![CDATA[M&A]]></category>
		<category><![CDATA[Transactions]]></category>
		<category><![CDATA[Transport & Logistics]]></category>

		<guid isPermaLink="false">http://www.pwcblogs.be/transactions/?p=361</guid>
		<description><![CDATA[The economic downturn continues to negatively impact deal activity and deal value in the first half of 2009. Global deal volume in the transportation and logistics (T&#38;L) sector was down 45% in the second quarter of 2009, compared to the prior quarter, and overall deal value dropped 55% over the same time period.

Far behind the [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>M&amp;A in industrial products</title>
		<link>http://www.pwcblogs.be/transactions/2009/08/ma-in-industrial-products/</link>
		<comments>http://www.pwcblogs.be/transactions/2009/08/ma-in-industrial-products/#comments</comments>
		<pubDate>Thu, 13 Aug 2009 14:08:18 +0000</pubDate>
		<dc:creator>Frederic Van Hoorebeke</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[corporate finance]]></category>
		<category><![CDATA[industrial products]]></category>
		<category><![CDATA[M&A]]></category>
		<category><![CDATA[Transactions]]></category>

		<guid isPermaLink="false">http://www.pwcblogs.be/transactions/?p=345</guid>
		<description><![CDATA[Our US colleagues published today a study on the M&#38;A activity in the industrial products sectors. See www.pwc.com/us/industrialproducts
Despite the year-over-year decrease, some sectors began showing an increase in volume or value in the second quarter of 2009, when compared to the prior quarter. The chemicals sector experienced an increase in deal volume while the metals [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Maximising success with Emerging Market acquirers</title>
		<link>http://www.pwcblogs.be/transactions/2009/06/maximising-success-with-emerging-market-acquirers/</link>
		<comments>http://www.pwcblogs.be/transactions/2009/06/maximising-success-with-emerging-market-acquirers/#comments</comments>
		<pubDate>Fri, 05 Jun 2009 14:43:55 +0000</pubDate>
		<dc:creator>Didier De Smet</dc:creator>
				<category><![CDATA[Publications]]></category>
		<category><![CDATA[distress]]></category>
		<category><![CDATA[emerging markets]]></category>
		<category><![CDATA[high-growth markets]]></category>
		<category><![CDATA[M&A]]></category>
		<category><![CDATA[Transactions]]></category>

		<guid isPermaLink="false">http://www.pwcblogs.be/transactions/?p=223</guid>
		<description><![CDATA[During the last six years (2003-2008), Emerging Market entities made some 844 acquisitions or investments in Western Europe with a combined value of nearly € 120 billion (of which some 3% in Belgium).
 
As a result of the ‘credit crunch’ and the global economic slowdown, 2008 has been a week year for global M&#38;A activity. [...]]]></description>
		<wfw:commentRss>http://www.pwcblogs.be/transactions/2009/06/maximising-success-with-emerging-market-acquirers/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>M&amp;A: you bought it? You want to sell it? First fix it.</title>
		<link>http://www.pwcblogs.be/transactions/2009/05/merger-acquisition-distress/</link>
		<comments>http://www.pwcblogs.be/transactions/2009/05/merger-acquisition-distress/#comments</comments>
		<pubDate>Fri, 15 May 2009 20:14:39 +0000</pubDate>
		<dc:creator>Jan Muyldermans</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[business recovery]]></category>
		<category><![CDATA[mergers]]></category>
		<category><![CDATA[Transactions]]></category>

		<guid isPermaLink="false">http://www.pwcblogs.be/transactions/?p=263</guid>
		<description><![CDATA[Mergers, acquisitions, disposals &#8211; even in good times it can be hard to realise the full value of a transaction. A tough economic climate typically triggers a host of problems, including underperformance, declining earnings, liquidity shortfalls and cash flow blockages. When companies exhibit symptoms of distress, early detection and swift, decisive action are the keys [...]]]></description>
		<wfw:commentRss>http://www.pwcblogs.be/transactions/2009/05/merger-acquisition-distress/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>New publications on Mergers &amp; Acquisitions in the Energy, Utilities &amp; Mining sector</title>
		<link>http://www.pwcblogs.be/transactions/2009/04/new-publications-on-mergers-acquisitions-in-the-energy-utilities-mining-sector/</link>
		<comments>http://www.pwcblogs.be/transactions/2009/04/new-publications-on-mergers-acquisitions-in-the-energy-utilities-mining-sector/#comments</comments>
		<pubDate>Wed, 15 Apr 2009 12:48:44 +0000</pubDate>
		<dc:creator>Didier De Smet</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[deals]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[M&A]]></category>
		<category><![CDATA[mergers & acquisitions]]></category>
		<category><![CDATA[Transactions]]></category>
		<category><![CDATA[utilities]]></category>

		<guid isPermaLink="false">http://www.pwcblogs.be/transactions/?p=195</guid>
		<description><![CDATA[A series of new publications have been issued by PricewaterhouseCoopers on the Merger &#38; Acquisition activity of 2008 in the Energy, Utilities and Mining industry.
Renewable Deals
One publication comments on the global renewable power market, its evolution and major deals over 2008. The renewable energy sector is one of increasing importance as a sector, but also [...]]]></description>
		<wfw:commentRss>http://www.pwcblogs.be/transactions/2009/04/new-publications-on-mergers-acquisitions-in-the-energy-utilities-mining-sector/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What can the lead advisor bring to the table?</title>
		<link>http://www.pwcblogs.be/transactions/2009/03/what-can-the-lead-advisor-bring-to-the-table/</link>
		<comments>http://www.pwcblogs.be/transactions/2009/03/what-can-the-lead-advisor-bring-to-the-table/#comments</comments>
		<pubDate>Mon, 23 Mar 2009 17:29:49 +0000</pubDate>
		<dc:creator>Philippe Estas</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[lead advisor]]></category>
		<category><![CDATA[M&A]]></category>
		<category><![CDATA[merger]]></category>
		<category><![CDATA[Transactions]]></category>

		<guid isPermaLink="false">http://www.pwcblogs.be/transactions/?p=178</guid>
		<description><![CDATA[Lead advisors are often placed in the role of &#8216;bad cop&#8217; when pushing the deal through for the seller and getting the highest price possible for the business. But what is the best way to work with a lead advisor and in what ways can they add the most value in a transaction process?
 
Planning before [...]]]></description>
		<wfw:commentRss>http://www.pwcblogs.be/transactions/2009/03/what-can-the-lead-advisor-bring-to-the-table/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Opportunities for your business after the New Merger Law</title>
		<link>http://www.pwcblogs.be/transactions/2009/01/opportunities-for-your-business-after-the-new-merger-law/</link>
		<comments>http://www.pwcblogs.be/transactions/2009/01/opportunities-for-your-business-after-the-new-merger-law/#comments</comments>
		<pubDate>Fri, 30 Jan 2009 15:07:25 +0000</pubDate>
		<dc:creator>Nancy Van de Voorde</dc:creator>
				<category><![CDATA[Events]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[acquisition]]></category>
		<category><![CDATA[cross-border]]></category>
		<category><![CDATA[merger]]></category>
		<category><![CDATA[Reorganisation]]></category>
		<category><![CDATA[Tax]]></category>
		<category><![CDATA[Transactions]]></category>

		<guid isPermaLink="false">http://www.pwcblogs.be/transactions/?p=142</guid>
		<description><![CDATA[


A new Tax Act Implementing the EU Tax Merger Directive into Belgian law was published in the Belgian Official Gazette on the 12th January and came into force immediately.
The act introduces a tax-free regime for cross-border reorganisations. In addition, it also brings the existing tax provisions applicable to internal reorganizations in line with the EU [...]]]></description>
		<wfw:commentRss>http://www.pwcblogs.be/transactions/2009/01/opportunities-for-your-business-after-the-new-merger-law/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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