M&A and Corporate Finance Update, Finland and Nordic Countries


The markets have hardly settled after our last market update and while this is not the place to revise the questions caused by the U.S. economic slowdown or the European debt crisis on the Finnish M&A and corporate finance market, we will merely outline what is likely to happen in here during the summer and the autumn.

Generally speaking, the good news is that larger sound companies are doing very well, especially due to good demand in the international markets on capital goods, consumer durables and materials. However, the slowdown and the lack of financing, will affect some of the Finnish companies in the near term.

A review of the most recent financial accounts evidences that a number of Finnish listed companies have stated (as required by IAS and the Finnish Financial Supervisory Authority) in their accounts that there may be significant near-term questions in securing the continuity of their business and operations. This means that, we will see more lower-rated corporate bonds, finance driven takeover bids and/or divestments at less-than optimal prices.

Our view is that there will be a lot of M&A market activity by these companies during the latter part of 2012. Although, if we look at Q2, spending on deals all over the world has been significantly lower than the same quarter in 2011. Private equity is likely to be more on the sell-side. We will also focus on relevant trends in outsourcing, technology and IP-driven transactions.

We also think that the Euro will hold and there will be a political and ECB stimulus solution to the short–to-mid term financial situation affecting the Euro-zone and rest of the Europe. However, the inability to resolve these complex issues earlier on with a stern and concise plan has affected negatively corporate financing and the economic conditions faced by the European companies and investors.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Jan Lindberg | Attorney Advertising

Written by:


Jan Lindberg on:

Readers' Choice 2017
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.