While last year set new records for merger and acquisition (M&A) activity in Europe and globally, it also witnessed a rally in cross-border deals. Jefferies, which celebrates its 60th anniversary this year, has persuasive form in advising on complex cross-border mergers, and hopes to maintain the tempo in 2022.
Dominic Lester, European head of investment banking at Jefferies, identifies several important trends that drove success in 2021 that he expects to continue — at least in part — in 2022. “One was the massive inflow of funds into public equities, fuelling the resurgence of initial public offerings (IPOs) and an enormous special purpose acquisition company industry,” Mr Lester notes.
