Analysts at Société Générale are anticipating an increase in corporate mergers and acquisitions activity even amid the turmoil in the global markets, with companies using funds on their balance sheets to take advantage of targets’ low share prices.These firms have low share prices but plenty of cash on their booksBelow table shows companies with low market cap than cash on books. Companies with a strong net-cash position are in a position to benefit from greater visibility on the global economic situation and attractive valuations.The Société Générale research said: “For those prepared to look through the haze, interesting opportunities may present themselves. Indeed, as access to capital tightens, competition for assets from competitors should dissipate and prices may fall.”
