Will positive sentiment toward cross-border deals in Italy remain? As the market heads for record-breaking deal volumes, Umberto Nicodano, Partner at BonelliErede, comments on market expectations for 2016. Interview by Giovanni Amodeo, Global Editor-in-Chief at Mergermarket.
What is the outlook for Italian M&A and ECM? With 2015 set to be a record year for M&A globally, Italy has performed well. Eliana Catalano, Partner at BonelliErede talks about the dynamic between M&A and IPOs in the local market. Interview by David Carnevali, Reporter at Dealreporter.
Recorded at Mergermarket's Nordic Private Equity Briefing in Oslo in October 2015, panelists discuss how the current oil price bring opportunities to market and drive dealflow in the year ahead. The event was hosted in partnership with White & Case and DNB.
Recorded at Mergermarket's Nordic Private Equity Briefing in Oslo in October 2015, panelists discuss how the current oil price may bring opportunities to market and drive issuance in the year ahead. The event was hosted in partnership with White & Case and DNB.
Recorded at Mergermarket's Nordic Private Equity Briefing in Oslo in October 2015, Aage Figenschou, CEO, Jason Shipping ASA gives a case study example of a financial and operational restructuring. The event was hosted in partnership with White & Case and DNB.
How do acquirers engage leaders across the business as early as possible in the integration process? In this panel, Matt Vance (Senior Legal Adviser at Bunzl plc), Roderic Heeneman (Head of Downstram Acquisitions & Divestments at Shell) and Christian Kukwa (Head of Strategy & M&A at Versatel) talk to the topic.
Best practice dictates that merger integration starts in due diligence. But how do acquirers build integration plans at that early stage and how are resources allocated to ensure that once the deal has closed, the integration goes to plan.
How long after the deal has closed do acquirers evaluate performance against the integration plan? Joanne Czeklowska, Director European Acquisitions Integration at IBM and Toby Couzens, Manager for Business Development at Cisco share their thoughts.
How do you bridge business cultures in an M&A integration process? When there are early signs of cultural differences, strong leadership is required to adopt a suitable approach. Dhruv Sarda of Alvarez & Marsal gives some practical examples of how companies with different business cultures get it wrong in merger integration.
Serial acquirers have an advantage. With familiar processes and experienced professionals in place, they can rapidly integrate businesses effectively. However, what about companies that make an acquisition less frequently, like once every few years? Dhruv Sarda of Alvarez & Marsal speaks about how teams should be organised to deliver an M&A integration with a smaller group of project leaders.
The mid-market has become increasingly competitive. New private equity entrants investing some of the $1.2 trillion that the global private equity industry has at its disposal, plus corporates sitting on $1 trillion of cash poses challenges around deal origination and pricing. On this panel, private equity investors 3i, Endless and LDC contrast their views with ITV plc on different approaches to mid-market M&A transactions.
Over 3,000 M&A deals paid in cash were seen globally last year according to Mergermarket, a record high. However, shares have become a more attractive currency for M&A this year, shifting the balance back from the prevalence of all-cash deals seen in 2014. Ben Thorpe (Managing Director, Goldman Sachs), Matthew Ponsonby (Head of M&A EMEA, Barclays) and Madelaine McTernan (Head of UK M&A, Credit Suisse) discuss.
Will international debt markets continue to attract sponsors away from local financing options? Is the high yield opportunity in Europe (or US)more compelling than the Nordic bond market? Why aren’t Nordic institutional investors influencing the loan market as much as European institutions are doing outside of the region? Filmed at Mergermarket's Nordic Private Equity Briefing in Stockholm in June 2015, hosted in partnership with White & Case and DNB.
Outlook on the competition for assets and expected impact on valuations. What sellers want to hear - are sellers looking
for more than a premium valuation when selling to private equity? How are private equity buyers differentiating themselves from other bidders in the current market? With limited auction processes in Sweden, do M&A bankers have their work cut out to originate dealflow? Are co-investment structures becoming more common and what does this mean for rights? IPO as an exit option; outlook for the rest of the year. Filmed at Mergermarket's Nordic Private Equity Briefing in Stockholm in June 2015, hosted in partnership with White & Case and DNB.
Political fragmentation is sweeping across the European Union, as trust in national governments falls. Wolf Piccoli of Teneo Intelligence outlines why this is happening and what it means for investors.