A report released this week by Clifford Chance points to a revival in European M&A amid the continent's ongoing economic woes. The firm recently advised French conglomerate Carrefour on the $683 million sale of a stake in its Middle Eastern joint venture, while Magic Circle rival Allen & Overy is counseling British banking giant Lloyds on two major transactions. Elsewhere, Baker & McKenzie is representing a Belgian investor on another $2.6 billion deal and Cadwalader is counseling Irish drug maker Elan in a fierce transatlantic takeover fight.
June 07, 2013 at 05:09 AM
1 minute read
A report released this week by Clifford Chance points to a revival in European M&A amid the continents ongoing economic woes.
Nearly one-third of 400 senior executives at large companies polled by The Economist Intelligence Unit on behalf of the Magic Circle firm put Western Europe as their top destination for M&A over the next two years. (Click here for Clifford Chances portal to the 36-page report.)
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