{"id":5814,"date":"2023-11-21T19:14:25","date_gmt":"2023-11-21T18:14:25","guid":{"rendered":"https:\/\/observatoire-asap.org\/?p=5814"},"modified":"2023-11-21T19:33:46","modified_gmt":"2023-11-21T18:33:46","slug":"elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024","status":"publish","type":"post","link":"https:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/","title":{"rendered":"El\u00e9ments de synth\u00e8se des fusions-acquisitions en 2023\u00a0: perspectives pour l\u2019ann\u00e9e 2024"},"content":{"rendered":"<p style=\"text-align: justify;\">Le nombre de <a href=\"_wp_link_placeholder\" data-wplink-edit=\"true\">fusions-acquisitions<\/a> \u00e9tait en croissance depuis plus de dix ans malgr\u00e9 le taux d&rsquo;\u00e9chec \u00e9lev\u00e9 de ces op\u00e9rations. L\u2019ann\u00e9e 2023 marque un tournant, avec une <a href=\"https:\/\/www.lesechos.fr\/finance-marches\/ma\/les-fusions-acquisitions-chutent-a-leur-plus-bas-niveau-en-dix-ans-1983027\">baisse \u00e9valu\u00e9e \u00e0 28% en volume sur l\u2019ann\u00e9e<\/a>. Ce r\u00e9sultat est li\u00e9 \u00e0 diff\u00e9rents facteurs : \u00ab\u00a0l&rsquo;inflation, les risques g\u00e9opolitiques, la hausse des taux d&rsquo;int\u00e9r\u00eat et du co\u00fbt de la dette ont g\u00e9n\u00e9r\u00e9 un climat volatil, plus compliqu\u00e9 pour conduire des acquisitions \u00bb, t\u00e9moigne Maja Torun, responsable de la banque d&rsquo;investissement en France de JP Morgan. N\u00e9anmoins, les acteurs du march\u00e9 restent confiants pour 2024 avec l\u2019IA g\u00e9n\u00e9rative, au c\u0153ur de toutes les attentions qui pourrait permettre d\u2019envisager de nouvelles transactions en acc\u00e9l\u00e9rant <a href=\"https:\/\/www.pwc.fr\/fr\/assets\/files\/pdf\/2023\/07\/fr-france-cp-pwc-etude-midyear-manda.pdf\">les transformations de business models<\/a>.<\/p>\n<p style=\"text-align: justify;\">En 2022, avec de nombreuses entreprises fragilis\u00e9es par la crise, le nombre d&rsquo;acquisitions avait fortement progress\u00e9. Certains acteurs ont d\u00e9velopp\u00e9 depuis une capacit\u00e9 de \u00ab\u00a0serial acquirer\u00a0\u00bb, avec une volont\u00e9 de privil\u00e9gier dans leur mode de croissance les absorptions ou fusion de \u00ab\u00a0pr\u00e9servation\u00a0\u00bb (avec une forte autonomie organisationnelle maintenue). Le nombre de fusion a \u00e9galement \u00e9t\u00e9 en hausse en 2022, port\u00e9e par une n\u00e9cessit\u00e9 d&rsquo;innovation conjointe ou de projet mutuel dans certaines industries.<\/p>\n<p style=\"text-align: justify;\">Peu d&rsquo;annonces dans la presse d\u00e9finissent clairement si l&rsquo;op\u00e9ration portera sur une fusion (o\u00f9 les entreprises ont une relation d\u2019\u00ab\u00a0\u00e9gal \u00e0 \u00e9gal\u00a0\u00bb) ou sur une acquisition (lorsqu&rsquo;une entreprise contr\u00f4le l&rsquo;op\u00e9ration et d\u00e9cide du processus d\u2019int\u00e9gration). Les op\u00e9rations sont commun\u00e9ment appel\u00e9es fusions- acquisitions. N\u00e9anmoins, les fusions restent rares, on constate que la plupart du temps des op\u00e9rations con\u00e7ues et int\u00e9gr\u00e9es avec des firmes sur un pied d&rsquo;\u00e9galit\u00e9 aboutissent au contr\u00f4le de l&rsquo;une des entit\u00e9s sur l&rsquo;autre<a href=\"#_ftn3\" name=\"_ftnref3\">[1]<\/a>. Par exemple, la fusion entre Chrysler et Daimler-Benz<a href=\"#_ftn4\" name=\"_ftnref4\">[2]<\/a> a \u00e9t\u00e9 annonc\u00e9e comme une fusion entre \u00e9gaux mais peut finalement \u00eatre analys\u00e9e comme une acquisition de Chrysler par Daimler-Benz. La fusion a g\u00e9n\u00e9r\u00e9 de nombreux conflits et les synergies attendues ne se sont pas concr\u00e9tis\u00e9es. En 2007, il a \u00e9t\u00e9 d\u00e9cid\u00e9 de mettre fin \u00e0 la structure commune et de d\u00e9sint\u00e9grer Chrysler. En effet, seul Daimer-Benz \u00e9tait en charge de l&rsquo;op\u00e9ration (syst\u00e8me de gouvernance, suppressions d&#8217;emplois, suppressions de sites, repr\u00e9sentation au conseil de surveillance, etc.). Le PDG de Daimler-Chrysler sera accus\u00e9 par l&rsquo;actionnaire individuel de r\u00e9f\u00e9rence de Chrysler lors de la \u00ab\u00a0fusion\u00a0\u00bb, d&rsquo;avoir tromp\u00e9 les investisseurs en qualifiant le mariage de fusion entre \u00e9gaux alors qu&rsquo;il n&rsquo;aurait \u00e9t\u00e9 qu&rsquo;un rachat pur et simple. Daimler aurait cach\u00e9 la v\u00e9ritable nature de la fusion entre les deux groupes automobiles pour \u00e9viter de payer un prix plus \u00e9lev\u00e9 pour les actions Chrysler.<\/p>\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\">Le nombre de deals d\u00e9bout\u00e9s lors de la crise Covid (ceci en raison de l\u2019\u00e9volution des strat\u00e9gies des entreprises, de la modification de leur business model, de la distanciation des \u00e9quipes et\/ou dirigeants alors en n\u00e9gociation, des fonds de la BPI ou d\u2019autres organismes qui ont permis d\u2019envisager d\u2019autres mouvements strat\u00e9giques) ont fragilis\u00e9 la planification de fusion ou acquisition pour les petites et moyennes entreprises<a href=\"#_ftn5\" name=\"_ftnref5\">[3]<\/a>. Rappelons que le taux d&rsquo;\u00e9chec est situ\u00e9 entre 40 et 60% des op\u00e9rations. Au cours de la p\u00e9riode de n\u00e9gociation, des d\u00e9cisions critiques sont prises quant \u00e0 l&rsquo;opportunit\u00e9 de conclure un accord ou non. Cependant, les \u00e9tudes restent encore limit\u00e9es concernant le processus de n\u00e9gociation, notamment dans le cas de d\u2019op\u00e9ration avort\u00e9e (taux de 21 \u00e0 27% des op\u00e9rations annonc\u00e9es, ce taux passe \u00e0 un ratio de 1\/100 pour les projets de fusion-acquisitions non formalis\u00e9s). Cette p\u00e9riode de due diligence est critique et les parties ont des r\u00e9serves \u00e0 communiquer des informations dites sensibles, pourtant n\u00e9cessaires au bon fonctionnement ensuite de l\u2019int\u00e9gration post-fusion. Malgr\u00e9 ces r\u00e9sultats, un employ\u00e9 sur trois sera concern\u00e9 dans sa carri\u00e8re par une fusions-acquisition\u00a0; tous les secteurs d&rsquo;activit\u00e9s sont concern\u00e9s. L&rsquo;ann\u00e9e 2024 devrait conna\u00eetre une augmentation du nombre des op\u00e9rations en Europe. Selon un article publi\u00e9 dans le Courrier Financier, \u00ab\u00a0<a href=\"https:\/\/www.lecourrierfinancier.fr\/patrimoine\/article\/ma-quels-enjeux-en-2024-sur-le-marche-des-fusions-acquisitions-111677\">trois d\u00e9cideurs sur quatre (73 %) anticipent une \u00e9volution en ce sens au cours des 12 prochains mois. Ils n\u2019\u00e9taient qu\u2019un sur deux (53 %) \u00e0 le penser l\u2019ann\u00e9e derni\u00e8re<\/a>.\u00a0\u00bb<\/p>\n<p style=\"text-align: right;\"><a href=\"https:\/\/observatoire-asap.org\/index.php\/2020\/02\/02\/olivier-meier\/\">Olivier Meier<\/a> et <a href=\"https:\/\/observatoire-asap.org\/index.php\/2020\/11\/23\/anne-sophie-thelisson\/\">Anne sophie Thelisson<\/a><\/p>\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\"><strong>R\u00e9f\u00e9rences\u00a0<\/strong>:<\/p>\n<p style=\"text-align: justify;\">Meier O., Schier G. (2023), <em>Fusions acquisitions<\/em>, 7 \u00e8me edition, Dunod.<\/p>\n<p style=\"text-align: justify;\">Meier O. (2023), \u201cR\u00e9ussir un audit d\u2019acquisition pour les operations de croissance externe\u201d, <em>Journal de l\u2019\u00e9conomie<\/em>, Avril.<\/p>\n<p style=\"text-align: justify;\">Thelisson, A. S. (2023). Are we talking about merger or acquisition? Defining the integration process.\u00a0<em>Journal of Business Strategy<\/em>,\u00a0<em>44<\/em>(5), 301-307.<\/p>\n<p style=\"text-align: justify;\">Th\u00e9lisson, A. S., &amp; Meier, O. (2022). \u00c9volution du business mod\u00e8le d\u2019une PME: quelques enseignements tir\u00e9s d\u2019un cas.\u00a0<em>Recherches en Sciences de Gestion<\/em>, (2), 31-60.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\">Notes:<\/span><\/p>\n<p style=\"text-align: justify;\"><a href=\"#_ftnref3\" name=\"_ftn3\"><span style=\"font-size: 10pt;\">[1]<\/span><\/a><span style=\"font-size: 10pt;\"> Thelisson, A. S. (2023). Are we talking about merger or acquisition?\u00a0 <em>Journal of Business Strategy<\/em>,\u00a0<em>44<\/em>(5), 301-307.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 10pt;\"><a href=\"#_ftnref4\" name=\"_ftn4\">[2]<\/a> <\/span><span style=\"font-size: 10pt;\">Meier O. (2019), \u00ab\u00a0\u00e9tude de cas Daimler Chrysler\u00a0\u00bb, <em>Management interculturel<\/em>, 7<sup>\u00e8me<\/sup> \u00e9dition.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 10pt;\"><a href=\"#_ftnref5\" name=\"_ftn5\">[3]<\/a> Th\u00e9lisson, A. S., &amp; Meier, O. (2022), \u00c9volution du business mod\u00e8le d\u2019une PME. <em>Recherches en Sciences de Gestion<\/em>, (2), 31-60.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Le nombre de fusions-acquisitions \u00e9tait en croissance depuis plus de dix ans malgr\u00e9 le taux d&rsquo;\u00e9chec \u00e9lev\u00e9 de ces op\u00e9rations. L\u2019ann\u00e9e 2023 marque un tournant, avec une baisse \u00e9valu\u00e9e \u00e0 28% en volume sur l\u2019ann\u00e9e. Ce r\u00e9sultat est li\u00e9 \u00e0 diff\u00e9rents facteurs : \u00ab\u00a0l&rsquo;inflation, les risques g\u00e9opolitiques, la hausse des taux d&rsquo;int\u00e9r\u00eat et du co\u00fbt &hellip; <\/p>\n","protected":false},"author":1,"featured_media":5815,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[10],"tags":[],"class_list":["post-5814","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>El\u00e9ments de synth\u00e8se des fusions-acquisitions en 2023\u00a0: perspectives pour l\u2019ann\u00e9e 2024 -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"El\u00e9ments de synth\u00e8se des fusions-acquisitions en 2023\u00a0: perspectives pour l\u2019ann\u00e9e 2024 -\" \/>\n<meta property=\"og:description\" content=\"Le nombre de fusions-acquisitions \u00e9tait en croissance depuis plus de dix ans malgr\u00e9 le taux d&rsquo;\u00e9chec \u00e9lev\u00e9 de ces op\u00e9rations. L\u2019ann\u00e9e 2023 marque un tournant, avec une baisse \u00e9valu\u00e9e \u00e0 28% en volume sur l\u2019ann\u00e9e. Ce r\u00e9sultat est li\u00e9 \u00e0 diff\u00e9rents facteurs : \u00ab\u00a0l&rsquo;inflation, les risques g\u00e9opolitiques, la hausse des taux d&rsquo;int\u00e9r\u00eat et du co\u00fbt &hellip;\" \/>\n<meta property=\"og:url\" content=\"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/fabrice.hamelin.1\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-21T18:14:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-21T18:33:46+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/observatoire-asap.org\/wp-content\/uploads\/2023\/11\/hands-1063442_1280.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"850\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin1337\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u00c9crit par\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin1337\" \/>\n\t<meta name=\"twitter:label2\" content=\"Dur\u00e9e de lecture estim\u00e9e\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/#article\",\"isPartOf\":{\"@id\":\"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/\"},\"author\":{\"name\":\"admin1337\",\"@id\":\"http:\/\/observatoire-asap.org\/#\/schema\/person\/fa918dad212f26e33e6b911a2553fafa\"},\"headline\":\"El\u00e9ments de synth\u00e8se des fusions-acquisitions en 2023\u00a0: perspectives pour l\u2019ann\u00e9e 2024\",\"datePublished\":\"2023-11-21T18:14:25+00:00\",\"dateModified\":\"2023-11-21T18:33:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/\"},\"wordCount\":872,\"publisher\":{\"@id\":\"http:\/\/observatoire-asap.org\/#organization\"},\"image\":{\"@id\":\"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/observatoire-asap.org\/wp-content\/uploads\/2023\/11\/hands-1063442_1280.jpg\",\"articleSection\":[\"Articles\"],\"inLanguage\":\"fr-FR\"},{\"@type\":\"WebPage\",\"@id\":\"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/\",\"url\":\"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/\",\"name\":\"El\u00e9ments de synth\u00e8se des fusions-acquisitions en 2023\u00a0: perspectives pour l\u2019ann\u00e9e 2024 -\",\"isPartOf\":{\"@id\":\"http:\/\/observatoire-asap.org\/#website\"},\"primaryImageOfPage\":{\"@id\":\"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/#primaryimage\"},\"image\":{\"@id\":\"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/observatoire-asap.org\/wp-content\/uploads\/2023\/11\/hands-1063442_1280.jpg\",\"datePublished\":\"2023-11-21T18:14:25+00:00\",\"dateModified\":\"2023-11-21T18:33:46+00:00\",\"breadcrumb\":{\"@id\":\"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/#breadcrumb\"},\"inLanguage\":\"fr-FR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/#primaryimage\",\"url\":\"https:\/\/observatoire-asap.org\/wp-content\/uploads\/2023\/11\/hands-1063442_1280.jpg\",\"contentUrl\":\"https:\/\/observatoire-asap.org\/wp-content\/uploads\/2023\/11\/hands-1063442_1280.jpg\",\"width\":1280,\"height\":850},{\"@type\":\"BreadcrumbList\",\"@id\":\"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"http:\/\/observatoire-asap.org\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"El\u00e9ments de synth\u00e8se des fusions-acquisitions en 2023\u00a0: perspectives pour l\u2019ann\u00e9e 2024\"}]},{\"@type\":\"WebSite\",\"@id\":\"http:\/\/observatoire-asap.org\/#website\",\"url\":\"http:\/\/observatoire-asap.org\/\",\"name\":\"Action Soci\u00e9tale et Action Publique\",\"description\":\"\",\"publisher\":{\"@id\":\"http:\/\/observatoire-asap.org\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"http:\/\/observatoire-asap.org\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"fr-FR\"},{\"@type\":\"Organization\",\"@id\":\"http:\/\/observatoire-asap.org\/#organization\",\"name\":\"Laboratoire ASAP\",\"url\":\"http:\/\/observatoire-asap.org\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"http:\/\/observatoire-asap.org\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/observatoire-asap.org\/wp-content\/uploads\/2022\/01\/cropped-cropped-ASAP_Plan-de-travail-1.png\",\"contentUrl\":\"https:\/\/observatoire-asap.org\/wp-content\/uploads\/2022\/01\/cropped-cropped-ASAP_Plan-de-travail-1.png\",\"width\":1345,\"height\":426,\"caption\":\"Laboratoire ASAP\"},\"image\":{\"@id\":\"http:\/\/observatoire-asap.org\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/facebook.com\/fabrice.hamelin.1\"]},{\"@type\":\"Person\",\"@id\":\"http:\/\/observatoire-asap.org\/#\/schema\/person\/fa918dad212f26e33e6b911a2553fafa\",\"name\":\"admin1337\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"http:\/\/observatoire-asap.org\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/2a82292198583820f63704df9cf531b1ab53b8418711096a9618d7584cfd7764?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/2a82292198583820f63704df9cf531b1ab53b8418711096a9618d7584cfd7764?s=96&d=mm&r=g\",\"caption\":\"admin1337\"},\"url\":\"https:\/\/observatoire-asap.org\/index.php\/author\/admin1337\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"El\u00e9ments de synth\u00e8se des fusions-acquisitions en 2023\u00a0: perspectives pour l\u2019ann\u00e9e 2024 -","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/","og_locale":"fr_FR","og_type":"article","og_title":"El\u00e9ments de synth\u00e8se des fusions-acquisitions en 2023\u00a0: perspectives pour l\u2019ann\u00e9e 2024 -","og_description":"Le nombre de fusions-acquisitions \u00e9tait en croissance depuis plus de dix ans malgr\u00e9 le taux d&rsquo;\u00e9chec \u00e9lev\u00e9 de ces op\u00e9rations. L\u2019ann\u00e9e 2023 marque un tournant, avec une baisse \u00e9valu\u00e9e \u00e0 28% en volume sur l\u2019ann\u00e9e. Ce r\u00e9sultat est li\u00e9 \u00e0 diff\u00e9rents facteurs : \u00ab\u00a0l&rsquo;inflation, les risques g\u00e9opolitiques, la hausse des taux d&rsquo;int\u00e9r\u00eat et du co\u00fbt &hellip;","og_url":"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/","article_publisher":"https:\/\/facebook.com\/fabrice.hamelin.1","article_published_time":"2023-11-21T18:14:25+00:00","article_modified_time":"2023-11-21T18:33:46+00:00","og_image":[{"width":1280,"height":850,"url":"http:\/\/observatoire-asap.org\/wp-content\/uploads\/2023\/11\/hands-1063442_1280.jpg","type":"image\/jpeg"}],"author":"admin1337","twitter_card":"summary_large_image","twitter_misc":{"\u00c9crit par":"admin1337","Dur\u00e9e de lecture estim\u00e9e":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/#article","isPartOf":{"@id":"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/"},"author":{"name":"admin1337","@id":"http:\/\/observatoire-asap.org\/#\/schema\/person\/fa918dad212f26e33e6b911a2553fafa"},"headline":"El\u00e9ments de synth\u00e8se des fusions-acquisitions en 2023\u00a0: perspectives pour l\u2019ann\u00e9e 2024","datePublished":"2023-11-21T18:14:25+00:00","dateModified":"2023-11-21T18:33:46+00:00","mainEntityOfPage":{"@id":"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/"},"wordCount":872,"publisher":{"@id":"http:\/\/observatoire-asap.org\/#organization"},"image":{"@id":"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/#primaryimage"},"thumbnailUrl":"https:\/\/observatoire-asap.org\/wp-content\/uploads\/2023\/11\/hands-1063442_1280.jpg","articleSection":["Articles"],"inLanguage":"fr-FR"},{"@type":"WebPage","@id":"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/","url":"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/","name":"El\u00e9ments de synth\u00e8se des fusions-acquisitions en 2023\u00a0: perspectives pour l\u2019ann\u00e9e 2024 -","isPartOf":{"@id":"http:\/\/observatoire-asap.org\/#website"},"primaryImageOfPage":{"@id":"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/#primaryimage"},"image":{"@id":"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/#primaryimage"},"thumbnailUrl":"https:\/\/observatoire-asap.org\/wp-content\/uploads\/2023\/11\/hands-1063442_1280.jpg","datePublished":"2023-11-21T18:14:25+00:00","dateModified":"2023-11-21T18:33:46+00:00","breadcrumb":{"@id":"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/#breadcrumb"},"inLanguage":"fr-FR","potentialAction":[{"@type":"ReadAction","target":["http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/"]}]},{"@type":"ImageObject","inLanguage":"fr-FR","@id":"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/#primaryimage","url":"https:\/\/observatoire-asap.org\/wp-content\/uploads\/2023\/11\/hands-1063442_1280.jpg","contentUrl":"https:\/\/observatoire-asap.org\/wp-content\/uploads\/2023\/11\/hands-1063442_1280.jpg","width":1280,"height":850},{"@type":"BreadcrumbList","@id":"http:\/\/observatoire-asap.org\/index.php\/2023\/11\/21\/elements-de-synthese-des-fusions-acquisitions-en-2023-perspectives-pour-lannee-2024\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Accueil","item":"http:\/\/observatoire-asap.org\/"},{"@type":"ListItem","position":2,"name":"El\u00e9ments de synth\u00e8se des fusions-acquisitions en 2023\u00a0: perspectives pour l\u2019ann\u00e9e 2024"}]},{"@type":"WebSite","@id":"http:\/\/observatoire-asap.org\/#website","url":"http:\/\/observatoire-asap.org\/","name":"Action Soci\u00e9tale et Action Publique","description":"","publisher":{"@id":"http:\/\/observatoire-asap.org\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"http:\/\/observatoire-asap.org\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"fr-FR"},{"@type":"Organization","@id":"http:\/\/observatoire-asap.org\/#organization","name":"Laboratoire ASAP","url":"http:\/\/observatoire-asap.org\/","logo":{"@type":"ImageObject","inLanguage":"fr-FR","@id":"http:\/\/observatoire-asap.org\/#\/schema\/logo\/image\/","url":"https:\/\/observatoire-asap.org\/wp-content\/uploads\/2022\/01\/cropped-cropped-ASAP_Plan-de-travail-1.png","contentUrl":"https:\/\/observatoire-asap.org\/wp-content\/uploads\/2022\/01\/cropped-cropped-ASAP_Plan-de-travail-1.png","width":1345,"height":426,"caption":"Laboratoire ASAP"},"image":{"@id":"http:\/\/observatoire-asap.org\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/facebook.com\/fabrice.hamelin.1"]},{"@type":"Person","@id":"http:\/\/observatoire-asap.org\/#\/schema\/person\/fa918dad212f26e33e6b911a2553fafa","name":"admin1337","image":{"@type":"ImageObject","inLanguage":"fr-FR","@id":"http:\/\/observatoire-asap.org\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/2a82292198583820f63704df9cf531b1ab53b8418711096a9618d7584cfd7764?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2a82292198583820f63704df9cf531b1ab53b8418711096a9618d7584cfd7764?s=96&d=mm&r=g","caption":"admin1337"},"url":"https:\/\/observatoire-asap.org\/index.php\/author\/admin1337\/"}]}},"jetpack_featured_media_url":"https:\/\/observatoire-asap.org\/wp-content\/uploads\/2023\/11\/hands-1063442_1280.jpg","_links":{"self":[{"href":"https:\/\/observatoire-asap.org\/index.php\/wp-json\/wp\/v2\/posts\/5814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/observatoire-asap.org\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/observatoire-asap.org\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/observatoire-asap.org\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/observatoire-asap.org\/index.php\/wp-json\/wp\/v2\/comments?post=5814"}],"version-history":[{"count":5,"href":"https:\/\/observatoire-asap.org\/index.php\/wp-json\/wp\/v2\/posts\/5814\/revisions"}],"predecessor-version":[{"id":5829,"href":"https:\/\/observatoire-asap.org\/index.php\/wp-json\/wp\/v2\/posts\/5814\/revisions\/5829"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/observatoire-asap.org\/index.php\/wp-json\/wp\/v2\/media\/5815"}],"wp:attachment":[{"href":"https:\/\/observatoire-asap.org\/index.php\/wp-json\/wp\/v2\/media?parent=5814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/observatoire-asap.org\/index.php\/wp-json\/wp\/v2\/categories?post=5814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/observatoire-asap.org\/index.php\/wp-json\/wp\/v2\/tags?post=5814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}