The business-owning boomer’s dilemma

Business owners in their 70s are thinking about succession planning, a PWC partner says. (Image: Depositphotos)

Fri, 10 May 2024

Business owners in their 70s are tossing up what's next for their business, chewing over whether to seek investment to grow, or pull their money out, a mergers and acquisitions specialist says. Professional services provider PWC's mergers and acquisitions report for the first quarter of 2024 showed activity had slowed, with 26 deals done.PWC partner Regan Hoult said the data confirms what the market had been feeling."It has been a tough market to do transactions. Transactions are taking longer and it's harder to get transa...

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