Clifford Chance survey identifies top drivers and risks for growth through M&A across an increasingly complex global landscape
7.06.2012Company: Clifford Chance Prague LLP, organizační složka
Clifford Chance is pleased to announce the publication of a new report Cross-border M&A: Perspectives on a changing world. The survey explores current and future plans for M&A activity, approaches to risk management, and key barriers that might get in the way of successful cross-border deals.
The research, which was conducted by the Economist Intelligence Unit on behalf of Clifford Chance, surveyed nearly 400 companies each with revenues of more than US$1 billion, from a wide range of industries and regions. Approximately 30% were based in North America, 29% in Asia-Pacific, 27% in Western Europe, and the remainder in the Middle East, Africa, Eastern Europe and Latin America.
The study found that current global, political, social and economic uncertainty means that Europeans are looking towards joint ventures and partnership structures as the preferred route to doing deals. Cash is king with nearly half of European respondents (49%) preferring existing cash resources to finance M&A deals.
Over half of companies surveyed (56%) are focusing their growth strategy on the high growth economies. In Europe, this trend was particularly apparent, with respondents from the region citing China as its top destination for M&A. Germany features strongly in the survey, ranking in the top three European destinations for M&A and as a key region for potential divestments.
Commenting on the results of the survey Alex Cook, head of Clifford Chance Prague's corporate practice, said "The research provides a snapshot of the current thinking of decision makers in leading corporations and the key considerations that apply to transactions in today's complex global M&A market. There are valid take-aways from the report for companies active in our region, both in terms of cross-border deal activity and inbound investment opportunities from Asia and other regions."
The you can register to request a copy of the full report via the Clifford Chance website at www.cliffordchance.com or through your regular Clifford Chance contact.
