SECTION 1: MARKET OVERVIEW
1.1 What have been the key trends in the M&A market in
your jurisdiction over the past 12 months and what have been
the most active sectors?
In 2017, Italy's M&A market was driven by both domestic
and cross-border transactions (both in private and public
Like in 2016, financial services was the most active sector
in the Italian market (79 deals worth €17 billion, or
roughly $20 billion), followed by the industrial sector (189
deals worth €7.9 billion), as in the case of the merger
between Luxottica and Essilor (as per below).
1.2 What M&A deal flow has your market experienced and
how does this compare to previous years? In 2017, 817 deals
worth €46.5 billion were completed, a slight drop in terms
of value compared to 2016 (509 deals worth €49 billion),