Global deal activity: an optimistic outlook?

A snapshot of 2013 deal activity would appear to confirm that a corner has been turned and that a global recovery has started to gain some real traction despite recent setbacks.

Global deal activity in the first 11 months of 2013 remained generally level, with 2012 on a year-on-year basis over the equivalent period ($1.87tn up from $1.86tn in the corresponding period). However, while the overall trend has been level with the prior year, there have been consistent quarterly increases. This indicates an upward trend, which it is hoped will continue into 2014.

Not surprisingly, deal activity has remained relatively subdued in Europe and the US, as these economies have taken longer to recover as a result of their maturity, with the highest level of growth being seen in the Middle East and Africa. That said, the levels of distressed debt and undervalued assets combined with the growing optimism in the recovery points towards an upturn in the developed European region. Cross-border deals remain significant, amounting to 35 per cent of deal activity, and is likely to remain so as the available cash chases deals…

Click on the link below to read the rest of the Gateley briefing.

Sign in or Register to continue reading this article

Sign in


It's quick, easy and free!

It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.

Register now

Why register to The Lawyer


Industry insight

In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.


Market intelligence

Identify the major players and business opportunities within a particular region through our series of free, special reports.


Email newsletters

Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.

More relevant to you

To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.

Briefings from Gateley

  • Best price? Strickland v Blemain Finance Ltd

    A heritable creditor is required to ‘take all reasonable steps to secure that the price at which all or any of the subjects are sold is the best that can be reasonably obtained’.

  • Will you get caught by the DPA?

    If defects appear in a building after completion, the developer or contractor may be liable to the owners of the building, in contract or negligence, for the cost of remedying that work.

View more briefings from Gateley

Analysis from The Lawyer


111 Edmund Street
B3 2HJ

Turnover (£m): 71.70
No. of lawyers: 406