
Toppan Vite – M&A Pulse: US Antitrust Action in M&A
22 June 2016
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- Over the coming 12 months, the majority of respondents (64%) expect US antitrust action against M&A deals to increase.
- Respondents expect the Healthcare and Consumer sectors to receive the most scrutiny by US antitrust regulators in the next 12 months, as cited by 52% and 40% of respondents.
- Fifty-two percent of respondents believe insufficient divestitures will be a common cause of stalled deals in the next 12 months.

Searching for solutions: Energy asset sales in Asia-Pacific
23 June 2016
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- According to Mergermarket data, Oil and gas exploration and production assets accounted for almost half the asset sales in value and 42% in volume from 2014 to Q1 2016.
- The clean energy sub-sector saw the region’s second-highest rate of asset sale and divestment activity from 2014 to Q1 2016, accounting for 34% of deal volume and 17% of value in the sector.
- Across the Asia-Pacific region, Australia accounted for 54% of energy asset sale and divestiture values and 30% of volume from 2014 to Q1 2016. In second for energy divestitures and asset sales was China, which accounted for 24% of the region’s total divestment volumes and 17% of value.

Mid-Market M&A: Deal Environment for Sellers
23 June 2016
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- Sectors in which favorable conditions persist for mid-market sellers.
- Unique challenges that activists present to the mid-market and how mid-market companies can best respond to activist pressure.
- Alongside valuations, which other major factors sellers should consider when evaluating buyout offers.
- Advantages and disadvantages of selling to a private equity firm vs. a strategic

Monthly M&A Insider – June 2016
24 June 2016
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- Energy, Mining & Utilities (EMU) was the top sector in May 2016, with 80 deals worth US$40.5bn, a 66.8% increase in value despite 16 fewer deals compared to a year ago.
- North America was the region with the highest market share of global M&A by value (48.1%), with US$108bn from 351 deals. Conversely, Europe had 51 more deals, yet less than half the value of North America (US$46bn).
- Business Services was the second-place sector in May and had the top deal of the month: US-based Quintiles Transnational Holdings’ acquisition of IMS Health Holdings for US$12.9bn

Market Spotlight: Challenges for Private Equity
30 June 2016
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Testing the Defenses: Cybersecurity due diligence in M&A
12 July 2016
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- 80% of respondents said that cybersecurity issues have become highly important in the M&A due diligence process.
- More than a third (40%) of acquirers said they had discovered a cybersecurity problem at an acquisition after a deal went through, indicating that standards for due diligence remain low.
- 70% of respondents said compliance problems are one of the most common types of cybersecurity issues uncovered during due diligence, while 40% said a lack of comprehensive security architecture is also common.

Dealmakers’ Guide
14 July 2016
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- Corporates feel that due diligence and formulating the deal rationale are the most important steps when it comes to achieving deal value. Respondents noted that navigating these phases well helps lead to more informed decision-making down the line.
- Corporates mainly define M&A success by looking at sales growth metrics, with almost three quarters using it as a primary success measure.
- An adviser’s past M&A record is the main factor that influences corporates when choosing one, with 75% choosing it as one of their top two considerations

Market Spotlight: M&A Post-Brexit
28 July 2016
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Slow but steady: US M&A H1 2016
29 July 2016
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Monthly M&A Insider – July 2016
01 August 2016
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- North America was again the top region for M&A, capturing 44.8% of global market share by value for a total of US$594.5bn.
- The Canadian market expanded its appetite for targets in the US as well as Central and South America – totaling US$32.6bn for 17 businesses – specifically in the Energy, Mining & Utilities (EMU) sector.
- China National Chemical (ChemChina) Corporation’s US$45.9bn bid for the Switzerland-based biotech company Syngenta represented H1 2016’s top deal.