The M&A market in Central and Eastern Europe (CEE) ended 2016 with a bang. While the volume of transactions fell to 5,079, according to data from Thomson Reuters, the total value doubled, to $250bn (£250bn).
For Ireland’s banking sector, 2017 could be a significant year. Almost a decade on from the financial crisis Allied Irish Bank (AIB) which – along with Bank of Ireland, is one of the country’s two pillar banks – could return to private ownership in 2017.
Quinn Emanuel Urquhart & Sullivan has boosted its Brussels practice by recruiting competition partner Trevor Soames from Shearman & Sterling. Soames will be the firm’s first full-time partner in Brussels.