Is your utility for sale? More mergers ahead in 2012, PwC predicts


Despite a lackluster first half, the second half of 2012 is likely to see an increase in mergers and acquisitions, according to PricewaterhouseCoopers (PwC).


The audit and advisory accountancy says M&A activity declined in the first half, due to:


·         Uncertainties around the economic recovery

·         Record low natural gas prices

·         Pending and proposed environmental regulations

·         Obstacles in the regulatory approval process


There were seven deals greater than $50 million in Q1, totaling just $4.1 billion. That compares to 32 deals worth $53 billion in Q1 2011. But that doesn't mean Q2 will be as calm.