Williams, Jonathan; Liao, Angel - In: Comparative Economic Studies 50 (2008) 2, pp. 274-296
Between 1998 and 2005, we identify 73 cross-border bank mergers and acquisitions (M&A) transactions in which international banks acquired ownership stakes in 46 listed banks in emerging market economies (EME). A total of $797.5 billion of bank assets was acquired for $37.5 billion in Latin...