Global PE activity returns to baseline as boom fades
M&A Explorer | Aggregate global buyout value dipped sharply in the second half of 2022 reverting to pre-pandemic levels—the first three months of 2023, however, have seen an uptick in volume
Insight
Global M&A loses steam but powers on
M&A Explorer | Against the odds, dealmakers put in a solid performance in 2022, but this year has seen a slow start as buyers in the US M&A market clamor for much needed regulatory clarity
Insight
Dawn Raid Analysis Quarterly: 2023 Q1
White & Case Dawn Raid Analysis Quarterly (DRAQ) is an information resource on surprise on-the-spot inspections (dawn raids) across Europe. Here, we guide you through the latest updates and legal developments for 2023 Q1.
Insight
European leveraged finance battens down the hatches
Debt Explorer | The macroeconomic headwinds that buffeted European debt markets in 2022—from rising interest rates to volatile geopolitics and a tightening of financial markets—continue to weigh on activity in 2023
Alert
Cybersecurity Developments and Legal Issues
Insight
Foreign direct investment reviews 2023: Sweden
Other than security-related screening, Sweden is currently still without a general FDI screening mechanism.
Insight
Mining M&A just saw its strongest run in a decade
M&A Explorer | The industry’s deal rally in Q4 2022 sets the stage for a strong year ahead
Insight
Take-privates boom amid the equity bear market
M&A Explorer | Private equity (PE) funds are taking the opportunity to delist high-quality tech businesses at marked-down prices
Insight
Private equity could win big as it preps European logistics exit
M&A Explorer | The need for timely and sustainable delivery is buoying demand for everything from logistics outsourcing to drone drop-off services
Insight
M&A holds the line in the Nordics with robust performance
M&A Explorer | Corporate deals in the region proved to be more resilient than private equity (PE) as financing costs rose, with exits showing weakness
Insight
There is no turning back for the global energy transition
M&A Explorer | Ambitious net-zero targets will unquestionably be the biggest catalyst for M&A in the energy sector for years to come
Insight
Global M&A slumps amid macro-economic tumult
M&A Explorer | M&A deal value falls by more than a third as dealmakers around the world hit the brakes in a volatile year
Insight
Private equity hits the brakes in choppy global market
M&A Explorer | Private equity (PE) deal activity shrinks as buyer and vendor pricing expectations widen and rising interest rates drive significant tightening in acquisition finance markets
Insight
Global healthcare M&A delivers strong performance
M&A Explorer | Dealmaking in the pharma, medical and biotech (PMB) subsectors was driven by both old and new market trends in 2022
Alert
Short-selling activism—A new challenge for companies listed in Sweden
Insight
High yield squeezed in face of economic uncertainty
Debt Explorer | High yield bond issuance in the US and Europe feels the pinch in a challenging macro-economic environment, but green shoots emerge in Asia as real estate sector dislocation bottoms out and markets stabilize
Insight
Economy pumps the brakes on loan markets
Debt Explorer | Leveraged loan activity slows in the US, Europe and APAC as a volatile economic backdrop and the rising cost of debt starts to weigh on issuance
Insight
Global PE activity succumbs to market pressures in Q3
M&A Explorer | In line with global M&A, private equity dealmaking experienced a dip in activity during the third quarter
Insight
Global tech M&A continues winning streak
M&A Explorer | A string of megadeals powered dealmaking activity during the first half of the year
Insight
Investors eye rapid delivery business
M&A Explorer | Pandemic-fueled demand for delivery services is attracting investors looking for quick profits and low risk
Insight
Carve-outs’ popularity soars as businesses pursue growth
White & Case M&A Explorer | Carve-out deals are offering businesses and investors an alternative route to growth in a post-COVID global economy
Insight
Term loan A debt is back in fashion
White & Case Debt Explorer | Term loan A debt is back in the spotlight as borrowers look for financing alternatives in an increasingly volatile institutional loan market
Alert
New Swedish Restructuring Act
Insight
Macro-economic headwinds slow global leveraged loan market in H1
White & Case Debt Explorer | Rising inflation and climbing interest rates have slowed leveraged loan activity in Europe and the US, while COVID-19 restrictions in China dampened demand in Asia-Pacific.
Insight
Financial institutions M&A: Sector trends - July 2022
We highlight the key UK & European M&A trends in H2 2021 and H1 2022, and provide our insights into the outlook for M&A moving forward.
Insight
Europe’s banks emerge from the COVID-19 pandemic resolute in their ambitions
UK & European Financial Services M&A: Sector trends H2 2021 | H1 2022 — Banks
Insight
Q2 PE dealmaking fails to live up to record 2021
A host of megadeals bumped up deal value in the sector, but regulatory and economic headwinds remain
Article
Global dealmaking continues to trail 2021 in Q2
Dealmaking failed to reach the highs of the previous year as rising inflation and a challenging financing environment put some deals under question
Insight
Retail M&A driven by pandemic trends
Long-term consumer behavior triggered by the pandemic continues to catalyze deal activity
Insight
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?
Alert
Global Hydrogen Guide: Emerging Policy and Regulatory Initiatives – Edition 2
Insight
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.
Insight
Global IPOs: Conclusion
The dust is settling after the flurry of activity in 2021, and the IPO market is facing considerable headwinds. The following key themes could dominate equity market headlines in 2022
Insight
European IPO activity proved strong, led by e-commerce and tech listings
While IPO activity was robust throughout Europe, the Nordic region stood out
Insight
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
Insight
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
Insight
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
Insight
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
Insight
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.
Insight
Global private equity delivers groundbreaking 2021
Annual deal value more than doubled 2020’s total to reach all-time high