M&A counsel positive about 2016

Author: Edward Price | Published: 12 Apr 2016

David Gibbons,
Hogan Lovells
Compared to 2015’s record-breaking volumes, north American M&A activity is lagging in 2016. With a decline in megadeals, counsel are nonetheless optimistic about 2016, foreseeing strong deal volume.

2015 was a record year for M&A, with global volumes reaching $3.8 trillion – a level that beat the previous record set in 2007. Back then, the global financial crisis intervened. Now there seems to be another, albeit less dramatic slowdown. M&A volumes are decelerating compared to last year.
Of course, 2015 activity set a high bar. As a result, M&A-focused counsel are optimistic that, even if slower than the last, 2016 will be another great year. "Despite being off last year’s record pace, the M&A market continues to have a healthy outlook," said David Gibbons, partner at Hogan Lovells.

Part of that health is due to a reduction in the external factors that can interfere with deals. According to...