Bloomberg quotes Daniel Rosenberg on old M&A deals reportedly making a comeback
min readAccording to Bloomberg, there has been a recent trend of "blockbuster deals that died a decade ago" being resurrected. The publication reports that this may be because of "sectoral, regulatory and political tailwinds" creating favorable conditions for reviving 'transformational' transactions.
Over the last three months, a series of proposed deals with a combined market value of roughly $300 billion have appeared in the news again, with the deals themselves meeting with varying degrees of success.
Daniel Rosenberg, Partner in our Corporate team, comments in the article and gives a view on this reported trend. Daniel explains that reviving a merger or acquisition can be quite the task:
It is usually the ‘Jack Reacher rule’ – never go back [...] If deals are genuinely being revived, it’s an indication that they are very strong deals. They need to be in order to survive that rule.
Read the full article in Bloomberg here (subscription required).
