Financial Times FT.com

M&A

Investor sets out timescale to buy companies

By David Ibison in Stockholm

Published: July 11 2008 02:34 | Last updated: July 11 2008 02:34

Investor, the holding company of Sweden’s Wallenberg family, is planning to start acquiring companies within the next six to 18 months as the economic crisis makes valuations attractive.

Its confidence that buy-out targets will be competitively priced within the next 18 months is a sign it believes the credit crisis and economic downturn may be approaching their bottom.

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