In the current global market, very few things are certain other than that volatility and change are ever-present. What then does this mean for the short to medium-term outlook for public M&A?
In this year’s M&A 2020 Outlook, we set out our views on what 2020 is likely to bring in the world of public M&A, based on our experience acting on transactions over the last 12 months, our analysis of the latest available data and our discussions with leading industry players.
2020 trends and predictions
Less resources activity, increased competition for assets and more demergers
More activity from private equity and super funds, and foreign interest (ex China) to remain high
Lower premia (except for foreign bidders), cash to remain king but scrip set to increase
More creativity to bridge the value gap and greater use of process deeds and W&I insurance
A focus on data, more intervention and the creation of a level playing field