Mergers and acquisitions in the global food processing industry in 1986-2006

► Analysis of determinants of M&A completion in the food processing industry. ► Deal facilitators: friendly M&A attitude, cash payment and M&A experience. ► Deal breakers: bidding competition, parallel transactions, target subsidiary. ► Institutional factors also greatly influence completion likelihood. ► Strong regional differences exist with respect to determinants of M&A completion.