Recent Insights

scrap metal
From trash to treasure: Green metals from recycling

The global drive towards a low-carbon circular economy and increased focus on ESG are creating many new opportunities for metal recycling projects. But is scrap the answer to the growing demand for green metals?

Renewables push drives M&A in Japan’s energy sector

Ambitious decarbonization targets and high investment returns are drawing interest from both local and international buyers  

Mexico city
ESG-linked debt markets come of age in Latin America

Despite a decline in overall bond and loan issuance in the Latin American region, ESG-linked debt issuance thrived in 2021—and looks set to continue in the months ahead  

Liquid debt markets hit the brakes on restructurings
Global PE activity slows in Q1 following blockbuster year

Private equity dealmaking was slow to pick up the pace in Q1, yet activity remained in line with pre-pandemic levels

fine art
Global M&A market drops to pre-pandemic levels

While global dealmaking in Q1 was down from a blockbuster 2021, there are signs deal activity could pick up later in the year

Stock Market
Global IPOs reached new highs

Fueled by strong stock markets and the need for yield, investors poured money into IPOs in 2021, resulting in a record-breaking year

Stock Market - Global IPO
A rollercoaster year for SPACs

After a flurry of new listings in the first quarter of 2021, SPAC IPOs slowed down considerably, but the asset class remains a viable path for companies to go public

European IPO activity proved strong, led by e-commerce and tech listings

While IPO activity was robust throughout Europe, the Nordic region stood out

Stock Market - Global IPO
Latin American IPOs surged on the back of tech listings

IPOs of Latin America-based companies enjoyed a robust year in 2021, especially when it came to listings in Brazil in sectors like fintech

Global IPOs: A blockbuster year

IPOs boomed in 2021, with both the number of new listings and the total proceeds raised breaking records. But dealmakers face a tougher road ahead.  

Sao Paulo
Bonds drive Latin American debt activity

After weathering pandemic-related disruption early in 2021, Latin American loan and bond markets remained open for business, with bonds leading the way

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ESG pressures fuel dealmaking

Companies across the globe are turning to M&A to fulfill their ESG ambitions while investors seek the steep returns on offer

Energy projects
Building the new: Creative solutions for procuring major energy projects
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Private equity continues to step up as a catalyst for digitalization

Sponsors spot value in companies that support others in digitally transforming their operations

Connect cars
At a crossroads: Europe’s auto sector borrowers face change and the effects of events in Ukraine

Vehicle sales rebounded strongly following lockdowns, but Europe’s automotive companies confront a period of significant change as governments phase out combustion engines, supply chain constraints bite and the impacts of events in Ukraine are felt  

Australian M&A delivers groundbreaking year

M&A activity down under reaches unprecedented highs as decarbonization and digitalization drive the dealmaker agenda

stock market
Backed by SPACs, IPOs hit new heights in 2021

A combination of SPACs, pent-up demand from pandemic-shocked 2020 and a wave of technology listings drove the IPO market to record highs 

Brexit: Fresh Perspectives

The UK has left the EU but there remains a vast array of operational and legal issues for businesses to address. See below for our perspectives on the key challenges and opportunities that Brexit presents for different industries and sectors.

Coronavirus Resource Center: Managing business impact and legal risks

As the COVID-19 outbreak continues to escalate, ensuring wellbeing of employees is paramount, but it is not the only challenge. There is a vast sway of operational and legal issues that businesses must address, too.

Global decarbonization goals drive renewables M&A

Ambitious decarbonization policies are encouraging dealmaking within the renewables industry, with the sector’s untapped potential too big to ignore  

India city image
India M&A sets new records in 2021

Dealmaker interest from both home and abroad, along with record private equity activity, has driven India’s dealmaking activity to an all-time high  

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Loan activity climbed to boost leveraged finance issuance in the Asia-Pacific region

Real estate sector headwinds stifled high yield markets in the Asia-Pacific region, but loan issuance went from strength to strength to post double-digit gains  

Facing headwinds
Facing headwinds

The aviation sector has endured a difficult two years amid border closures and lockdowns. In spite of persistent volatility and uncertainty, our survey finds that senior executives are cautiously optimistic about the state of global aviation financing in 2022

London city photo
European leveraged finance: From surviving to thriving

Leveraged loan and high yield bond markets in Western and Southern Europe saw a major resurgence in the past 12 months, driven initially by refinancing, followed by almost unprecedented M&A and buyout issuance, and setting the stage for, on balance, a productive year ahead  

Loan activity drives US leveraged finance to new heights while high yield bond issuance maintains lofty pace

Large double-digit gains in US loan issuance meant leveraged finance markets ended 2021 with a bang and set the stage for robust activity in 2022  

CLO activity skyrockets in the US

Financial stimulus and sustained investor appetite for yield have seen US CLO issuance scale record heights  

Stock board
Buy-and-build boom sees add-on debt surge

Issuers are tapping institutional loan markets for add-on debt at a rapid pace as private equity firms turn to buy-and-build strategies to lower entry multiples and accelerate deployment  

Islamic finance closes in on LIBOR transition

Islamic finance providers have been slow to make the transition away from LIBOR, as the replacement benchmark rates pose challenges in the context of Sharia compliance

Egypt M&A posts impressive rebound in 2021

Interest in high-growth industries such as TMT and financial services resulted in a string of deals—from both local and international bidders.  

London at sunset
UK Pensions Regulator's new criminal powers are a wake-up call to companies planning corporate transactions

The UK Pensions Regulator is gaining stronger powers, which will have a significant impact on companies undertaking activities such as M&A, secured borrowing, and restructuring. Following best practice and thinking ahead have become more important than ever.

US flags
FDI on the radar screen

Governments around the world are tightening their scrutiny of foreign direct investments  

M&A drives issuance in busy healthcare space

Following a year of healthy activity, M&A deals in the pipeline are set to sustain leveraged finance issuance in the pharmaceutical, medical and biotech sector in the months ahead.

Mining & metals 2022: ESG and energy transition – the sector's biggest opportunity

Against a backdrop of record commodity prices and the pressure for miners to boost their ESG credentials, the sector is seeking to position itself as a trusted partner in fighting climate change.

sunset view
European leveraged finance: From survive to thrive

European leveraged finance markets rebounded in the past 12 months, driven  by enthusiastic refinancing activity and a resurgent M&A marketplace, setting the  stage for a healthy year ahead

Record breaker: US M&A 2021
Record breaker: US M&A 2021

US M&A had an extraordinary year in 2021, with total deal value reaching US$2.6 trillion—surpassing US$2 trillion for the first time

office building windows
2021: A spectacular year for SPACs

From record SPAC IPOs and M&A deal flow to the SEC issuing a variety of pronouncements, last year was one to remember.  

Stock market
Global private equity delivers groundbreaking 2021

Annual deal value more than doubled 2020’s total to reach all-time high  

Global M&A hits new milestone in 2021

Deal value exceeded US$1 trillion in every quarter for the first time in history, in just one example of the record-shattering 2021.  

Shining a light on the massive global surge in merger control filings

The data White & Case gathered from 58 of the most active merger control jurisdictions globally reveals trends and insights that can't be gleaned from data on single jurisdictions considered in isolation.

Logistics deals deliver for investors as supply chains struggle

Logistics, packaging and shipments companies are using M&A to expand their service coverage and future proof.