Activist investors are increasingly likely to put pressure on closely-knit “country club boards” in UK companies, two activist investors told the audience at the Mergermarket Corporate Development Summit in London this week.
France’s politicalvolte face– apparently at the heart of the collapse of theFiat Chrysler Automobiles[NYSE:FCAU] andGroupe Renault[EPR:RNO] tie-up – has added to the maelstrom of confusion for European M&A practitioners hoping to navigate waves of populism and economic nationalism.
Despite suffering its slowest start to a year since 2013, dealmakers at the tenth MergermarketNordicM&A and Private Equity Forum in Stockholm are confident that a strong year of Nordic M&A lies ahead, Hanna Gezelius and Jonathan Klonowski report.
In geopolitical terms, there has been nothing to compare with 2016 since the end of the Cold War. Neither Brexit nor the election of President Trump was expected. The potential impact of either event, let alone both, could reasonably be anticipated to have given rise to inertia, confusion and uncertainty. In fact, M&A has been remarkably robust.
In November 2016, Lindorff and Intrum Justitia announced their intention to combine and create the industry leading provider of credit management services ("CMS"). The transaction is valued at SEK 39.1bn. It is subject to the approval of EU regulatory authorities and is expected to be completed during the second quarter of 2017.
Looking beyond the regulatory requirements for public M&A, Leonard Lvounich From SIG sat down with Catherine Ford, Editor-at-large, mergermarket after their panel to discuss his experiences of communicating deals to managers, employees, suppliers and the press