After a challenging period of elevated  rates, Europe's leveraged finance markets are poised for growth in 2025, with stabilising costs, rising competition and renewed opportunities for dealmakers.

M&A Explorer | While Italy’s macroeconomy is unsettled, dealmaking held steady in 2024, and a mixture of sectoral excellence and rising PE interest bodes well for 2025

European leveraged finance in 2023 was saddled with the negative effects of elevated interest rates. But as the market adjusts to the "new normal", rate and price stability offer hope for a brighter 2024.

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.  

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

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

In response to the COVID-19 emergency, the screening powers of the Italian government were significantly expanded

Preparing for Pro Formas

An increase in megadeals reveals growing dealmaker appetite within Italy's M&A market

When COVID-19 closed the IPO window at the start of last year, expectations were bleak. But the market fought back and 2020 ended on a high.

Early-year highs gave way to a pandemic-driven downturn, which was then followed by a revival in H2

A guide to navigating the rules for investing in countries that require foreign direct investment approval

In response to the COVID-19 emergency, the screening powers of the Italian government were significantly expanded

A handful of large deals struck early in the year provided a few bright spots for Italian M&A activity in H1 2020

Our global team can provide advice on eligibility for governmental financial assistance measures on a global basis.