Industrial consolidation is a global trend that evolved during the last three decades. Market liberalisation and privatisation represent initial key transformation processes for this phenomenon in the energy sector. The energy sector moved over to common interest during the last years: The...

This empiric study analyzes the Mergers & Acquisition (M&A) activities of stock-listed utilities companies. The study provides a sector analysis on how the industrial consolidation took place in the past and how it will develop in the next decade. Industrial consolidation is a global mega-trend...