What will drive M&A in 2015

Author: | Published: 27 Jan 2015

Commodity price pressure, divestments in the financial services sector and upcoming UK elections are set to be key drivers of M&A this year, according to leading lawyers.

2014 saw the return of big-ticket, cross-border deals with global M&A values hitting at a seven-year high. Energy, mining and utilities were the hottest sectors.

"Global M&A was up 45% year on year in 2014, with over $3 trillion of deals completed," said Patrick Sarch, M&A partner at Clifford Chance. "Interregional M&A was also up 27%."

"We also saw some challenging aspects of deal execution particularly extending regulatory influence and on some deals’ political interest," said Stephen Wilkinson, global head of M&A at Herbert Smith Freehills.

The trend of greater use of stock consideration continued last...