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11 April 2014

Building castles in the sand? How to ensure enterprise resilience when expanding internationally

By James Crask The UK government is pushing the expansion of UK business abroad. This week (7-11 April) it’s UK Trade & Investment’s (UKTI) export week and there are a series of events aimed at helping businesses look overseas. For many companies, emerging markets are providing an increasingly significant proportion...

09 April 2014

IPO market on fire with the surge in IPO’s expected to continue into the Summer

By Vivienne Maclachlan Renewed vigour in the European IPO market has meant cash raised by companies going public in the first quarter 2014 (€11.4bn) has exceeded Q1 values for the previous four years combined. This increase follows a busy final quarter of 2013 which saw over 100 companies successfully float...

07 April 2014

Maximising return from divestment

By Andrew Broad Sometimes it makes strategic sense to sell, ‘carve out’ or divest parts of a group of companies or a division within a company. There are many reasons for this including wanting to liquidate cash for further investment within the business, a change of strategy due to market...

03 April 2014

More records to be set for European bank loan transactions in 2014?

By Richard Thompson Since the financial crisis banks have faced significant challenges to reduce the size of their balance sheets (or to deleverage). The economy, until recently, has been volatile. Political factors have played a part. And increasing regulation has put banks under further pressure. The approaches used by banks...

31 March 2014

How to avoid jumping into bed with the wrong local business partner

By Jamie Hepburn One of the early challenges for many businesses entering a new market for the first time is finding suitable local business partners. In some markets (including many in the Middle East, for example) this is a legal requirement and often the local partner has a controlling stake...

28 March 2014

Why should mining companies consider joint ventures?

By Jonathan Lee Joint ventures (JVs) have been an important part of the mining industry for decades and have been instrumental to the development of many major resource projects. Oil and gas JVs vs. mining JVs The oil and gas sector has been using JVs to mitigate exploration risk for...

21 March 2014

Seller beware – navigating consumer regulation in emerging markets

By Nick van Benschoten Navigating regulation in emerging markets can be fraught with difficulty. Recent experience has shown that the issue is not confined only to politically sensitive strategic sectors such as energy and defence. There is a growing trend of emerging market probes and fines against consumer and retail...

Cash is king for law firms – top 3 tips to improve your working capital

By Glen Babcock When industry sectors undergo a period of change companies typically focus on top line revenues rather than cash, aka working capital. In the current (post-recession) environment I am seeing an increasing number of law firms needing cash – either to support growth or to fund operations. The...

19 March 2014

M&A in the North East in 2013

By Paul Mankin 2013 began with some nervousness around UK economic stability and the timing of a recovery. Towards the end of the year the economy was showing clear signs of recovery and UK GDP growth was predicted to increase gradually to around 1.4 per cent in 2013 – rising...

14 March 2014

IPOs are back on the agenda

By Paul Mankin A surge in IPOs last year may be the first sign of a recovery in the UK float market. Europe’s IPO markets have also continued to gain momentum building on a successful twelve months. London is still the most active exchange in Europe and during 2013 we...

07 March 2014

"Doing the right thing" - Effectively managing integrity risk in frontier markets

By Tracey Groves As more and more companies look to expand their business into new markets, one of the issues they are very likely to face is bribery and corruption risk – present in most markets, but particularly acute in high-risk frontier markets. Transparency International recently published its 2013 Corruption...

06 March 2014

Are UK deals on the rise or fall?

By James Fillingham The answer is on the rise - at least when it comes to volumes. With 64 UK deals completing in Q4 2013, our latest Deals Index shows that it was the best quarter of 2013 from an M&A volume perspective. It is fair to say that the...

04 March 2014

Private equity investment flourishes in the North East

By Kevin Barnard Deal values and volumes in the North East region over the last half of 2013 have been encouraging. This partly reflects an increase in the level of investment made by private equity firms. Organisations generally look to private equity investors as a strategic partner to provide a...

Interview with a serial entrepreneur

By Paul Mankin Since its initiation in 1973, Express Engineering has grown from a precision engineering and tool-making company to a leading global contract manufacturing group. It is one of the UK’s largest and best performing contract manufacturing solution suppliers to the oil and gas market. Chairman Chris Thompson has...

28 February 2014

Private Equity in emerging markets - down, but certainly not out...

By Sam Heslop Figures from the Emerging Markets Private Equity Association show that the total capital invested in emerging markets private equity deals during 2013 was $24bn, down from $26bn in 2012. The total number of emerging markets deals also fell, with 203 private equity deals for the first three...