Since 2010 Baker McKenzie has published the Cross-Border M&A quarterly and since 2012 the Cross-Border IPO Index semi-annually. The latest issues for the first quarter and first half year of 2016, respectively, were just released. These indices show the latest developments and will help various market players to evaluate their position in the sector and to view their performance in a wider sense, playing an important role in our clients’ and partners’ decision making.
With 77 offices, 1,300 M&A attorneys and 420 Capital Markets attorneys, Baker McKenzie is one of the world’s leading law firms for cross-border transactions. Today, hardly any transaction is solely domestic, even though only-one third is actually defined as cross-border. As a leading market expert, Baker McKenzie has developed a Cross-Border M&A Index (Q2 Cross-Border M&A Index) and a Cross-Border IPO Index (H1 Cross-Border IPO Index). These indices provide guidance for evaluating one’s position and developments in the market, an often important contributing factor to the decision-making process for Baker McKenzie’s clients and partners.
The Cross-Border M&A Index provides an overview of the current trends in M&A activities in various regions, with each quarter focusing on a different sector and region.
This information can be especially valuable when evaluating the overall market and one’s position within it – although the index shows a slow-down of the M&A business, we are still seeing an upward trend in number and volume of accompanied transactions within our practice. The index helps us to assess our market position and shows clearly that we are operating and will continue operating in this difficult environment,
comments Dr. Alexander Fischer, the Co-Chair of Baker McKenzie’s M&A Practice Group in Zurich.
The Cross-Border IPO Index covers the cross-border IPO activities in four regions: North America, Asia Pacific, EMEA and Latin America. In each case, they are considered within the greater context of economic developments.
Currently the IPO business is extremely cyclical and companies are reacting severely to the slightest uncertainties. However, we have helped corporations during critical times to continue their success, assisting in bringing together supply and demand for equity in turbulent conditions. As in the M&A business, we are seeing a worldwide decline in cross-border IPOs. Nonetheless, this has not spilled over to our own business – to the contrary, we have been able to expand our market position,
says Dr. Matthias Courvoisier, a Partner and Co-Head of Baker McKenzie’s Capital Markets Practice Group in Zurich and member of the Global Capital Markets Steering Committee.