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.
Mergermarket, the leading provider of M&A data and intelligence, has today released research showing how large cross-border deals fuelled the strongest opening quarter of inbound M&A (50 deals, EUR 7.7bn) since the financial crisis. The data was announced at Mergermarket’s French M&A Executive Club 2019 held in Paris on 16 May.
News thatSiemens’[ETR:SIE] merger withAlstom [EPA:ALO] has been blocked on competition grounds further highlights the obstacles faced by those intent on creating “European champions” to compete with Chinese and US giants.
Oscar Geen hosts Greg Gille, Kenny Wastell, Francesca Veronesi and Alessia Argentieri for the first of an introductory two-part special. With political upheaval and contrasting trends on the menu, the team discusses 2018's hot topics across European private equity starting with general key takeaways before focusing on the the UK, France and southern Europe