1655 ET - If consumer and retail companies do decide to embark on M&A deals, they will probably be around the $1 billion range, says KPMG's Frank Petraglia, U.S. head of consumer and retail deal advisory and strategy. KPMG doesn't foresee "monstrous" deals, such as the failed Albertsons and Kroger merger agreement. Though the value of deals should be lower than in 2024, volume is expected to increase as companies will stay away from risk and lean into acquisitions that will be highly complementary to their growth plans. Overall, the M&A environment will likely be a buyers' market rather than a sellers' market, Petraglia says. "Valuations aren't going to meet expectations," he adds. (sabela.ojea@wsj.com; @sabelaojeaguix)
(END) Dow Jones Newswires
March 07, 2025 16:55 ET (21:55 GMT)
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