The first quarter of 2014 was a big one for U.S. M&A deals, with the number of billion-dollar transactions reaching new heights, according to data analyzed by Dealogic and accounting giant Ernst & Young. And now European M&A could be on the rebound as well, as indicated in a recent report by Bloomberg.
This week Germany has been a hotspot for high-end transactional work, with Düsseldorf-based conglomerate GEA Group unveiling an agreement Wednesday to sell its heat exchanger business to Frankfurt-based private equity firm Triton Partners in a deal valuing the unit at roughly $1.8 billion and Stuttgart-based auto giant Daimler announcing a $3.36 billion deal to cash out of a power systems joint venture with Rolls-Royce Holdings. This follows Clifford Chance and Weil, Gotshal & Manges nabbing roles on Symrise’s $1.8 billion buy of French food ingredient maker Diana from private equity firm Ardian, according to our previous reports.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
