Last year the hope, however wishful, was that a few big deals could unblock a pipeline that had been clogged since the credit crunch hit. After all, if you stripped out the impact of bank rescue deals, 2008 and 2009 were largely a washout for M&A advisers. Yet the latest figures from Mergermarket demonstrate that, while there was a sporadic revival of big-ticket M&A deals after Kraft Foods' bid for Cadbury got the ball rolling 12 months ago, this has not as yet translated into much of a general upturn in activity.
October 13, 2010 at 06:36 AM
1 minute read
The original version of this story was published on Legalweek
Euro, private equity and cross-border deals see revival but market looks set to remain patchy
Last year the hope, however wishful, was that a few big deals could unblock a pipeline that had been clogged since the credit crunch hit. After all, if you stripped out the impact of bank rescue deals, 2008 and 2009 were largely a washout for M&A advisers.
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