ÀÏ˾»úÎçÒ¹¸£Àû: Trends in UK public M&A deals in 2019

ÀÏ˾»úÎçÒ¹¸£Àû: Trends in UK public M&A deals in 2019

 

ÀÏ˾»úÎçÒ¹¸£Àû have recently published our latest report, Trends in UK public M&A deals in 2019.

It combines an in-depth review of key transactions with detailed statistical analysis, extracted from the Market Tracker transaction database, to identify current and emerging trends in this area.

Click here to download a PDF copy of the report.

 

Topics covered:

 

  • deal value and volume
  • private equity deal activity
  • hostile takeovers and competing bids
  • industry focus
  • UK and foreign bidder activity
  • shareholder activism
  • post-offer undertakings and national security undertakings
  • legal and regulatory developments
  • analysis of high profile transactions, including the Takeaway.com/Prosus competing bids for Just Eat, Advent International‘s £4bn offer for Cobham, the £2.6bn consortium bid for Inmarsat, and Non-Standard Finance ‘s £1.3bn hostile offer for Provident Financial

 

Report highlights:

 

• a significant increase in deal volume (66 firm offers), but a decrease in deal value (£53.6bn aggregate deal value) compared with 2018 (42 firm offers with £122.1bn aggregate deal value)

• record levels of private equity activity (32 firm offers with £25.7bn aggregate deal value) and increase in number of consortium or ‘club’ deals

• an examination of the different forms of shareholder activism in public M&A transactions during 2019

• specific deal focus on the biggest transactions of 2019

• deal volume and value analysed by industry sector

• a look at the effect of a strong dollar and weak sterling on the dominance of non-UK bidders

• analysis of the legal and regulatory developments and various competition/anti-trust developments that impacted deal activity in 2019

 

The report contains expert commentary from:

 

  • Giles Distin, Louise Pritchard and Simon Wood, Addleshaw Goddard
  • Simon Allport, Bird & Bird
  • James Bole and Rui Huo, Clifford Chance
  • Alison Smith, Freshfields Bruckhaus Deringer
  • Selina Sagayam, Gibson Dunn
  • Leon Ferera, Jones Day
  • Iain Fenn, Nicole Kar and Dan Schuster-Woldan, Linklaters
  • Adam Cain and Julian Stanier, Pinsent Masons
  • Gillian Fairfield, Slaughter and May
  • Tom Matthews, Dominic Ross and Patrick Sarch, White & Case

 

Click here to download a PDF copy of the report.


Thank you to:

 

 


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About the author:

Amy is an established writer and researcher, having contributed to publications, such as The Law Society, LPM, City A.M. and Financial IT. Her role at ÀÏ˾»úÎçÒ¹¸£Àû UK involved writing content and research reports, including "The Bellwether Report 2020, Covid-19: The next chapter" and "Are medium-sized firms the change-makers in legal?"