Looking for the next big M&A deal in Europe
September 20, 2009 at 19:00 PM EDT
Kraft Foods’ surprising $16.7 billion cash-and-stock bid for U.K. confectioner Cadbury’s just over a week ago could be the icing on the cake for European mergers and acquisitions, as conditions for capital raising perk up and the global recession eases, say fund managers here.