US Law Firms Had Strong Year in 2018 Global M&A

The value of global mergers and acquisitions in 2018 totaled $3.53 trillion—the third-highest deal value on record, according to a new Mergermarket report. But the total number of deals marked the first global decline since 2010.

In the U.S. alone, M&A deal value reached $1.5 trillion, a figure the report calls the second-highest U.S. total to date (2015 is still the leader, with just under $1.8 trillion) as well as an increase from 2017′s $1.3 trillion. Although […]

By | January 10th, 2019 ||

CMA’s Latest Guidance On Requests For Internal Documents In Merger Investigations

While investigating a merger, the Competition & Markets Authority (‘CMA’) has often requested the merging parties to provide their internal documents, that is, those documents generated internally by an organisation during the ordinary course of its business. These internal documents can include study reports, presentations, emails, hand-written notes etc., irrespective of where they are stored -sent/deleted/outbox/inbox of custodians, hard-drives or cloud, external media, shared folders etc. The CMA has considered these documents to be […]

By | January 9th, 2019 ||

Canadian M&A Insights – Winter 2019

In 2018, Canadian M&A activity reached seven-year highs by deal count and three-year highs by implied enterprise value (EV). The Canadian M&A market has benefited from a relatively stable political environment as well as low financing costs and continued North American growth. In 2018, 1,874 Canadian companies changed hands, with disclosed EVs totaling $119 billion, a 20% and 35% increase over 2017 in terms of deal count and disclosed EV, respectively. Of the transactions […]

By | January 7th, 2019 ||