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22 July 2014

Increasing appetite for performing loans: Mid-year report and update on non-core loan transactions

By Richard Thompson In my last update I stated that portfolios with a face value of €30bn had been completed or were very close to completion and there were a further €35bn in progress which were putting my original forecast of €80bn (up over a third on 2013) in jeopardy....

The freedom of the corporate venture capitalist…

By Mark Muth Corporate Venture Capitalists engage in a wide range of activities, from spinning out or creating businesses using their parent companies’ assets, to investing in other companies in order to access innovative technology, products or business models for the parent company. In the early life of a Corporate...

17 July 2014

Will investment risks ease after Indonesia’s Presidential poll?

By Jamie Hepburn and Lin Yang A casual observer would think that Indonesia is becoming increasingly hostile to foreign investment. Throughout the recent presidential election, both candidates curried domestic favour by vowing to stem Indonesia’s loss of natural resources to foreign commodities interests. Mineral ore ban reflects wariness of foreign...

What is asset based lending and when should you use it?

By Stuart Maddison Much has been made of asset based lending (ABL) over the past few years. As a source of capital, many companies are seeing how it could help when deployed correctly. In this blog (which also features on Insider Media) I look at what it is, why you...

16 July 2014

Five questions CFOs need to answer for successful integration

By Paul Nutter Businesses are increasingly looking to their Chief Financial Officers (CFOs) for clarity on steering the organisation through the ambiguity of the mergers and acquisitions (M&A) environment. In most cases we find that the CFO plays both the “stewardship” role to ensure that the deal delivers anticipated value,...

14 July 2014

The Exit Factor: Eastern Promise

By Neil Sutton Having discussed the strength or weakness of your international expansion plans in my first ‘Exit Factor’ blog, the next thing you need to consider is the agenda of the international buyer. Asia is hot topic and getting hotter for anyone planning a sale. This is for two...

11 July 2014

What makes a successful integration?

By Erika Schraner Our Deals Index survey has shown UK deal volume to be on the rise. Globally there has been a notable uptake in deal activity. The pharmaceutical industry has attracted particular attention recently with a flurry of high profile deals so far this year. These are typically cross-border...

10 July 2014

IPOs; Are we heading into a bubble?

By Mark Hughes and Vivienne Maclachlan In the last 12 months we have really seen the European IPO markets once again build traction - in fact the recent surge in the number of IPOs coming to market has now approached record levels. The second quarter of 2014 was the best...

08 July 2014

What makes the oil and gas sector such a hotbed for disputes?

By Gerry Lagerberg With extractive industries forming the basis for many of the world’s economies, it’s no surprise that they make fertile ground for disputes. Recent statistics from the International Centre for Settlement of Investment Disputes (‘ICSID’), show that disputes in the Oil, Gas and Mining sector accounted for 25%...

30 June 2014

Mind the cap - why financial performance does not guarantee reputation strength

By Tom Adams It is a cliché of modern business that corporate reputation is important. But does it correlate to financial performance, how do we measure it, and does it provide a real competitive advantage? To answer these questions, we carried out some global research on public perceptions of the...

24 June 2014

How will your defined benefit pension scheme affect your ability to acquire?

By Jonathon Land and James Berkely After a period of disappointing economic growth, we’re now starting to see positive signs of recovery across most sectors and regions in the UK. This, coupled with a reduction in defined benefit (DB) pension deficits (driven by a sharp rise in gilt yields), has...

18 June 2014

Inheriting bribery: let the buyer beware

By Michael Lowe If you bought a car, would you expect to be inheriting any speeding fines and parking tickets from the previous owner too? Of course not, but that’s exactly the situation you might find yourself in when buying a business. The concept of Successor Liability means an acquirer...

29 May 2014

Non-core loan transactions set to beat predictions – May update

By Richard Thompson At the beginning of 2014 I forecasted loan portfolio transactions with a face value of €80bn - a massive 25% increase on volumes transacted in 2013 and nearly double the volumes in the year before that. With €30bn completed or very close to completion during the first...

23 May 2014

How is food security linked to political and economic stability?

By Sam Heslop Food security is a critical and daily issue for many people in emerging markets, and something that threatens to create political and economic instability if not managed correctly. Many developing countries have fertile but undeveloped land, much of which is often held by the state. Large agri-businesses...

15 May 2014

Global pharma: Shape up or ship out…

By Akshawra Guru With over $189bn worth of transaction activity making headlines in little over two weeks, the shifting dynamics of the pharmaceutical industry are becoming visibly symptomatic. The potential Pfizer/AstraZeneca and Valeant/Allergan mega mergers are stirring up emotions and hitting headlines daily, and yet, look beyond the bold font...