Our latest report delves into the key trends and noticeable events that have shaped the dynamic Dutch public M&A landscape from January 1, 2023 to November 12, 2024.
Key trends we want to highlight are:
1. Low deal volume and small tickets.
2. Controlling shareholders delist companies, but do not buy-out minorities.
3. Increasing variation in duration of non-financial covenants.
4, ESG taking a more prominent role in public M&A.
Our analysis point to moderately optimistic outlook for public M&A in the Netherlands in 2025. On the one hand, high AEX share prices, geopolitical uncertainty and a (perceived) valuation gap continue to complicate deal-making. On the other hand, interest rates are on a downward trajectory, inflation is settling down and U.S. public deal activism is materially increasing, including for large ticket transactions, which often bodes well for ensuing deal activity in Europe and the Netherlands.
Please see full publication below for more information.
