Recent Insights

London at sunset
Insight
UK Pensions Regulator's new criminal powers are a wake-up call to companies planning corporate transactions
The UK Pensions Regulator is gaining stronger powers, which will have a significant impact on companies undertaking activities such as M&A, secured borrowing, and restructuring. Following best practice and thinking ahead have become more important than ever.
US flags
Insight
FDI on the radar screen
Governments around the world are tightening their scrutiny of foreign direct investments  
Insight
M&A drives issuance in busy healthcare space
Following a year of healthy activity, M&A deals in the pipeline are set to sustain leveraged finance issuance in the pharmaceutical, medical and biotech sector in the months ahead.
cylinder
Insight
Mining & metals 2022: ESG and energy transition – the sector's biggest opportunity
Against a backdrop of record commodity prices and the pressure for miners to boost their ESG credentials, the sector is seeking to position itself as a trusted partner in fighting climate change.
sunset view
Insight
European leveraged finance: From survive to thrive
European leveraged finance markets rebounded in the past 12 months, driven  by enthusiastic refinancing activity and a resurgent M&A marketplace, setting the  stage for a healthy year ahead
Record breaker: US M&A 2021
Insight
Record breaker: US M&A 2021
US M&A had an extraordinary year in 2021, with total deal value reaching US$2.6 trillion—surpassing US$2 trillion for the first time
office building windows
Insight
2021: A spectacular year for SPACs
From record SPAC IPOs and M&A deal flow to the SEC issuing a variety of pronouncements, last year was one to remember.  
Stock market
Insight
Global private equity delivers groundbreaking 2021
Annual deal value more than doubled 2020’s total to reach all-time high  
buildings
Insight
Global M&A hits new milestone in 2021
Deal value exceeded US$1 trillion in every quarter for the first time in history, in just one example of the record-shattering 2021.  
LIghthouse
Insight
Shining a light on the massive global surge in merger control filings
The data White & Case gathered from 58 of the most active merger control jurisdictions globally reveals trends and insights that can't be gleaned from data on single jurisdictions considered in isolation.
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Insight
Logistics deals deliver for investors as supply chains struggle
Logistics, packaging and shipments companies are using M&A to expand their service coverage and future proof.
Pharmaceutical
Insight
Healthcare M&A on track to set new record in 2021
Heightened interest in medical suppliers, contract research organizations and biotech firms resulted in an impressive year for healthcare dealmaking.
Foreign direct investment reviews 2021: A global perspective
Insight
Foreign direct investment reviews 2021: A global perspective
A guide to navigating the rules for investing in countries that require foreign direct investment approval
Insight
Middle Eastern dealmaking strides ahead in 2021
Deal volume has reached new highs as dealmaking confidence in the region returns  
Stock Market
Insight
Global content battle pushes media dealmaking to record highs
Intense competition to deliver on-demand content accelerates dealmaking in the sector
LED lights
Insight
Investor appetite gives borrowers a boost
Investors eager to maintain high levels of capital deployment have kept terms and pricing highly flexible for bond and loan issuers, but that does not mean easy access for borrowers—lenders are still pushing back against credits that fall short of the quality bar
buildings
Insight
Credit ratings rebound
Reopening economies have transformed the credit landscape with ratings upgrades rising sharply through the year, after 2020 recorded the highest number of downgrades in more than two decades.
Offshore Winds
Insight
Lenders zero in on the fine print as ESG issuance surges
The rise in sustainability-linked debt issuance observed in 2021 has shown little sign of slowing down as borrowers continue to focus on improving ESG performance in response to investor demand.
Stock board
Insight
DACH dealmaking powers ahead in 2021
Traditionally a powerhouse of European M&A, the DACH region—D for Germany, A for Austria and CH for Switzerland—did not disappoint in the first three quarters of the year.
SPACs on track to drive M&A leveraged loan issuance
Insight
Debt financing gains traction as SPAC space matures
In a rapidly maturing SPAC market, sponsors are more frequently turning to debt financing tools to fund deals
Refinery
Insight
Recovering prices stabilize oil and gas credits
Recovering oil prices brought much needed stability to the balance sheets of oil and gas borrowers that were on the brink of foreclosure through lockdowns, but the transition away from hydrocarbons poses an ongoing challenge for issuers.
Power
Video
Energy Transition & Industry Impact – Power
COP26 Video Series
Liquid debt markets hit the brakes on restructurings
Insight
Active private equity firms buoy buyout issuance
Issuance of leveraged loans and high yield bonds to fund buyouts surged to quarterly highs in 2021 as private equity sponsors raised their investment game
Latin America
Video
Energy Transition & Industry Impact – Latin American Energy
COP26 Video Series
Toronto
Insight
Canadian outbound dealmaking rebounds
Canadian dealmakers are betting on large overseas purchases as market confidence returns
Managing construction risks in Asia-Pacific
Insight
Managing construction risks in Asia-Pacific
There are many ways to resolve a construction dispute when it arises—but what are the best methods for mitigating risks, avoiding or resolving such disputes for projects based in Australia, India, Indonesia, Malaysia, the Philippines, Singapore and Vietnam?
wooden interior design
Video
Energy Transition & Industry Impact – Private Equity
COP26 Video Series
London city photo
Insight
UK M&A reaches new highs despite headwinds
Favorable valuations are fueling opportunistic purchases by overseas bidders
Lighthouse light
Video
Energy Transition & Industry Impact – Financing
COP26 Video Series
Insight
Financial Regulatory Observer - Autumn 2021
The Financial Regulatory Observer spotlights selected topics currently driving regulatory and technological changes in the financial industry.
Alert
Unstable: the PWG's Report on Stablecoins
visual tactics drawn on black board
Video
Energy Transition & Industry Impact – Climate Change Litigation
COP26 Video Series
Aviation
Video
Energy Transition & Industry Impact – Carbon Trading
COP26 Video Series
Africa Focus
Insight
Africa Focus: Autumn 2021
Transitioning to new priorities in a post-pandemic era
coral reef
Video
Energy Transition & Industry Impact - ESG
COP26 Video Series
Ontario
Insight
Canadian issuers take advantage of buoyant US markets
A rebounding domestic economy and abundant liquidity south of the border are encouraging Canadian borrowers to draw on US high yield bond markets in increasing numbers
graph
Insight
Leveraged loan markets keep on rolling
Despite a spike in energy prices and persistent inflation, year-to-date leveraged loan activity showed substantial gains on 2020 levels  
Connect cars
Insight
Automotive M&A is in top gear
Deal activity in the auto industry has never been higher, as manufacturers look to capitalize on the shift towards electric vehicles  
mining-metals-hero.jpg
Video
Energy Transition & Industry Impact - Mining & Metals
COP26 Video Series
Ho Chi Minh city
Insight
Vietnam M&A heads for another record in 2021
High-growth industries continue to attract investor interest despite COVID disruptions