-
March 2010
What went wrong with Shinsei/Aozora
March 12, 2010
Why Shinsei Bank and Aozora Bank's merger may be destined for failure.
-
The trouble with Mandelson’s takeover changes
March 11, 2010
Light on detail, heavy on sentiment; Lord Mandelson's proposed changes to takeover rules raise many questions
-
Asia awards: M&A
March 09, 2010
The full write-ups of the best M&A deals and firms of the year
-
Asia awards: Private equity
March 09, 2010
The full write ups of the best private equity deals and teams of the year
-
Break fees arrive for Chinese acquirers
March 09, 2010
Chinese companies are increasingly accepting the necessity for break fees as part of overseas acquisitions
-
Quotes from the Asia M&A Forum
March 09, 2010
The best quotes from IFLR's Asia M&A forum. From concert parties to Indian diamond traders
-
Spirited defence of India competition rules
March 09, 2010
Kaushal Kumar Sharma, director general of the Indian Competition Commission, defends his country's competition law
-
Lawyers split over new Indonesian merger rules
March 04, 2010
Uncertainty surrounds the impact of new merger approval rules that have been proposed in Indonesia
-
New HK practice note on cash confirmation
March 04, 2010
Hong Kong’s SFC is set to issue a new practice note on cash confirmation by the end of March. It will replace PN 15
-
Take-privates are too hard in Hong Kong
March 04, 2010
The difficulty of doing public-to-private transactions in Hong Kong is pushing private equity firms to reconsider them
-
Why Indian open offer rules must change
March 04, 2010
India corporates and their lawyers believe the threshold for open offers in India must change if the country is to fulfill its potential
-
A cautionary tale for HK concert parties
March 03, 2010
Talk to the SFC early, and do it on a consultative basis when dealing with being defined as a concert party in Hong Kong
-
Still arbitrage opportunities in China
March 03, 2010
Despite the jump in valuations in Asian M&A over the past six months, there are still arbitrage opportunities in China between private and public companies
-
Nortel's stalking horse disposals
March 01, 2010
The details of Nortel’s auctions, including an unusual two-step procedure
-
Pre-merger approval coming to Indonesia
March 01, 2010
-
February 2010
How multilateral support saved CEE
February 26, 2010
The Austrian central bank tells an IFLR Forum why central and eastern Europe coped better than most with its financial crisis
-
HK takeover sidesteps shareholder approval
February 04, 2010
The takeover of TPV Technology in Hong Kong has used both a Pipe and a block trade – removing the need for shareholder approval
-
China’s representative office rules explained
February 02, 2010
China’s tighter restrictions for foreign companies’ representative offices could cause some to convert to wholly foreign-owned enterprises in a bid to avoid the new rules
-
New PE partner for Herbies
February 02, 2010
-
Why there's more conciliation
February 01, 2010
French conciliation proceedings are morphing successfully into aids to distressed M&A. Here's why
-
January 2010
India could use derivatives to fund acquisitions
January 29, 2010
Derivatives could be used to fund acquisitions of strategic stakes in India, which is planning to switch to physical settlement of equity derivatives. But RBI rules would mean only hedge funds could participate
-
Cravath on IBM's defence deal
January 26, 2010
-
DOJ clears Ticketmaster/Live Nation
January 26, 2010
The US Department of Justice (DOJ) has cleared Ticketmaster and Live Nation’s merger after almost a year of investigation
-
Instituto de Crédito Oficial
January 22, 2010
-
Republic of Italy
January 22, 2010
-
Focus more on pre-merger integration
January 22, 2010
Indian corporates should think more about how to integrate businesses they plan to acquire before going ahead with mergers
-
India overseas investment rules worry counsel
January 22, 2010
India’s regulations on overseas investment are the rules that lawyers would most like changed or abolished
-
Key quotes from the India Outbound Investment Forum
January 22, 2010
On January 20, in-house and private practice lawyers gathered in Mumbai for a series of colourful discussions on outbound investment. Here are some of their insights
-
Tata reveals outbound M&A strategy
January 22, 2010
Tata’s general counsel has some advice for Indian companies looking outbound: have a long term plan and ensure that your investments fit with that strategy
-
Why buyers shouldn’t worry about US litigation
January 22, 2010
Indian companies are often deterred from investing in the US by the country's litigious culture. They shouldn't be
-
Virbac attempts acquisition from Pfizer
January 20, 2010
-
Antitrust investigations to slow M&A
January 14, 2010
Enquiries from the Federal Trade Commission and the Department of Justice are slowing deals. Sellers are beginning to counter this risk with extra provisions
-
Expect relative fairness testing
January 14, 2010
Novartis/Alcon is set to ask whether minority shareholders can expect a fairness opinion that considers higher bids for majority shareholdings
-
How private equity will use alternative financing
January 14, 2010
With valuations mismatched and bank lending still slow, US private equity purchasers will turn to earn-outs and seller financing to bridge the gap in 2010
-
Merger regulation comes to India
January 14, 2010
India is finally set to implement its merger regulations this year. Companies will hope that the Competition Commission of India reconsiders its filing thresholds and timeframe
-
Stock-for-stock deals focus on collars
January 14, 2010
Floating rate collars will be an essential tool in the negotiation of the growing number of stock-for-stock acquisitions
-
Tighter refinancing clauses on PE deals
January 14, 2010
Private equity sponsors are seeking watertight agreements on new deals that their acquisition lenders will allow refinancing to go ahead
-
DLA hires in Shanghai
January 12, 2010
-
The disclosure dangers of dual-track offerings
January 12, 2010
New interest in dual-track offerings for private equity exits means owners must be careful whom they disclose key financial information to
-
New York trio and A&O on Novartis
January 08, 2010
-
Why private equity is shunning Asia’s capital markets
January 07, 2010
Although Asia’s capital markets are bubbling, private equity investors in Hong Kong are shunning the prescriptive listing requirements and longer lock-in periods of IPOs