July 27/Calgary, Alb./Calgary Herald -- Two out of three U.S. food and beverage executives see their companies being involved in a merger or acquisition over the next two years, as they seek to streamline portfolios and put cash reserves to work.
According to a survey by U.S. audit firm KPMG, 67% of executives said it is likely their companies will participate in merger activity over the next two years, with a rough split between likely buyers and likely sellers.