Reuters UK . Tue May 17, 2011 9:40am BST Equities will benefit from the strong cash positions on corporate balance sheets, which will fuel more activity in mergers and acquisitions, says Societe Generale.
... Societe Generale identifies five sectors that stand out as having high potential: building materials, office/business equipment, iron/steel, home builders and biotechnology.
It identifies the following European companies as top takeover targets: Zeltia (ZEL.MC), Heidelberger Druck (HDDG.DE), Sevan Marine (SEVAN.OL), Elan (ELN.I), Sonae Industria (SONI.LS), Tiscali (TIS.MI), BTG (BGC.L), Norske Skogindustrier (NSG.OL), Renewable Energy (REC.OL), and Bobst Group (BOBNN.S).