Debt Financing Trends – Joe Price, Member, Corporate & Securities Practice
Decisive inorganic growth decisions by London Stock Exchange, Deutsche Börse, Nasdaq and Euronext set a furious pace for European trading venue M&A activity....more
Bank M&A across Europe comes to a boil—the COVID-19 pandemic has hastened the confluence of conducive conditions for mega domestic mergers. Spain and the Balkans lead the charge, with Italy, Germany, France, Poland and the UK...more
Financial Institutions M&A sector trends: Consumer finance — H1 2020 and outlook for H2 2020. A time of temperance as COVID-19 covenant breach forbearance, payment holiday and repossession deferral relief measures take their...more
In response to changes in the marketplace, it’s possible that borrowers will employ debt buybacks as a way to ease their overall net leverage levels (either as a means to cure financial covenant defaults resulting from the...more
Financial institutions M&A sector trends: consumer finance — H2 2019 and outlook for 2020 - Financial sponsors see opportunities to back new entrants targeting under-serviced customer segments, including gig economy...more
Financial institutions M&A sector trends: payments — H2 2019 and outlook for 2020. Megadeals, including Global Payments/Total System Services, Fidelity National/Worldpay and PayPal/iZettle, have dominated headlines, but...more
Financial institutions M&A sector trends: fintech — H2 2019 and outlook for 2020. British thoroughbreds dominate the downs—London has overtaken New York as the world's #1 hub for fintech investments. Unicorns are not...more
Financial institutions M&A sector trends: payments — H1 2019 and outlook for H2 2019 - CURRENT MARKET - Consistent, very high activity levels. WE ARE SEEING - Demand from keen investors: - Trade...more
The wait is over. Whispers of mega-deals have matured into agenda items for boards of many larger European banks. Overview - 3 highlights of bank M&A: - Bank consolidation: The numbers speak for themselves—100 regional and...more
Payments - Payment services M&A retains its spark on the financial services landscape. Overview - Competition for innovative technology is fierce. Financial sponsors, big banks and, of late, fashion moguls are driving...more
Your correspondent is fresh from the front-lines of the risk retention wars where great armies of lawyers, bankers and advisers are fixedly staring at each other, staring out of the redoubts of their respective defensive...more
What the new horizontal tax consolidation regime may mean for private equity sponsors, multinational groups, financial institutions (and everyone else…). In June 2014, the European Court of Justice (ECJ) ruled that the...more