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  "documentTitle": "BCG Investor Perspectives Series Q4 2023",
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  "notes": "Data based on BCG Investor Perspectives Series, Q4 2023.",
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      "text": "81% | Investors that believe exiting or divesting lines of businesses should be considered to strengthen the overall company in the current market environment",
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      "text": "78% | Investors that support companies making focused tuck-in acquisitions (for example, well below 20% of their market cap) that do not materially increase their leverage",
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      "text": "73% | Investors that support companies making substantial or even transformative acquisitions (clearly above 20% of their market cap) that have the potential to be strategic and competitive game changers, even if they substantially increase short-term leverage",
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      "text": "61% | Investors that believe acquisitions should be actively pursued to strengthen the business at current valuation levels. Near the series low of 58% in June 2023, and below the series average of 67%.",
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      "text": "81% | Investors that believe exiting or divesting lines of businesses should be considered to strengthen the overall company in the current market environment. Near the series high of 83%, and above the June 2023 survey result of 76%.",
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      "text": "Investor support percentage: 81%",
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      "text": "Do investors support M&A transactions in the current environment?",
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      "text": "Should companies reshape their portfolio?",
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      "text": "Source: BCG Investor Perspectives Series, Q4 2023, October 10–13, 2023; n = 150. Note: All questions were posed with respect to financially healthy companies... ¹A series high, average, or low is a percentage that reflects a comparison across the 24 investor pulse checks. ²The acquirer's financial health and its ability to reduce leverage are critical; otherwise, a more prudent approach would be preferable.",
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      "text": "Investors’ support for divestitures has almost reached the series high, but investors also are supportive of acquisitions that do not compromise long-term balance sheet health",
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