Mergers & acquisitions
July 2022 | SPECIAL REPORT: MERGERS & ACQUISITIONS
Financier Worldwide Magazine
July 2022 Issue
Q&A: Evolving antitrust: horizontal and vertical merger enforcement
The trade-off between the pros and cons of vertical mergers poses new intellectual challenges for policymakers wishing to update merger guidelines. The economic framework for analysing the immediate effects of standard horizontal mergers between competitors is well established. There is, of course, room for further development. FW moderates a discussion on horizontal and vertical merger enforcement between Joe Perkins, Salvatore Piccolo and Guillaume Duquesne at Compass Lexecon.
Outlook for acquisitions by SPACs
Cadwalader, Wickersham & Taft LLP For companies that are considering an IPO, or that are already publicly listed in a different market, the SPAC acquisition process still offers some advantages over a traditional IPO, and the competition in the market means targets are in a stronger negotiating position than ever.
Talent, tech and trade – the triarchy dictating M&A in 2022
Eversheds Sutherland While some of the key trends currently driving the M&A landscape may be predictable, others may not be what we would have expected 12 months ago. In a recent report, we found that seven in 10 business leaders are focusing on a new ‘M&A triarchy’ to deliver future business success: talent, tech and trade.
Risk sharing in European M&A: is normal service resumed?
CMS An increase in the use of locked boxes and a decrease in liability caps might appear to reflect a move toward a more ‘seller-friendly’ environment, but this was counterbalanced by continued ‘buyer-friendly’ positions still trending in certain areas.
Carve outs drive M&A dealflow in the chemical industry
Mayer Brown The chemical industry is a busy M&A marketplace. Active portfolio management and the increasing sale of non-core activities are leading to a high level of M&A activity – increasingly in the form of carve-out transactions.
Financial services M&A in Spain: key features for private banking transactions
Cases & Lacambra The financial services sector in Spain has been extremely active in terms of M&A transactions in 2021, despite its generally perceived flatness.
The 101 of M&A transactions in Indonesia
Ali Budiardjo Nugroho Reksodiputro (ABNR) A key consideration for investors before entering into an M&A transaction is to determine their tax exposure when they exit from the investment and when the return from the investee is repatriated.
With every business increasing its reliance on data, an acquisition target can be a potential gold mine or land mine depending on the maturity of its technology. Understanding the IT environment will always allow a buyer to get a better insight into risks and costs, in addition to providing a head start in planning for successful integration. FW discusses technology due diligence with Jenna Aira-Ventrella, Adam Bartnik, Jared Crafton and Mike McDermott at BDO USA, LLP.
CONTRIBUTORS
Ali Budiardjo Nugroho Reksodiputro (ABNR)
BDO USA, LLP
Cadwalader, Wickersham & Taft LLP
Cases & Lacambra
CMS
Compass Lexecon
Eversheds Sutherland
Mayer Brown