Lawyers
Corporate partner Krishna Veeraraghavan spoke about major M&A developments in a Reuters article on the surge in global M&A activity in 2021. The article notes that the value of M&A globally surpassed $5 trillion for the first time ever, with volumes rising 63% to $5.63 trillion as of December 16, easily surpassing the pre-financial-crisis record of $4.42 trillion in 2007.
"The FTC and Department of Justice are already taking more time than ever before to evaluate deals, so companies pursuing M&A must be ready to discuss their deals with regulators up front, at any time," Krishna told Reuters, noting that companies would need to wait longer to get deals through - up to a year and a half versus the usual 6-12 months - and should go into a merger "willing to litigate".
