Private equity firms are on track to raise record funds. Big deals are on the cards and debt markets are open to fund them. Nevertheless, there are new challenges on the horizon – some of which stem from this record fundraising and others from the digital revolution that will affect not only what private equity buys, … More Private equity: comeback or comedown?
If we take one message from recent trading statements, it’s that UK consumers are feeling the strain. Of the fourteen profit warnings we’ve recorded in the last ten days, nine are from consumer-related sectors and four are from companies in the FTSE Travel & Leisure sector. This week’s blog focuses on restaurants, a sector that’s … More Why is restaurant distress back on the menu?
As we move into autumn I’m struck by growing contrasts. Heightened geopolitical tensions are hard to miss and financial risks are moving back in the spotlight. But, there are also many positives, including improving earnings and Eurozone story. This week we highlight some of the themes we think exemplify this contradictory outlook – and think about … More Season of contrasts
This week’s blog comes from Chris Lowe, Transaction Advisory Services Partner & joint head of our Capital & Debt Advisory team. Is it really a decade since the start of the credit crunch? Apparently so, although picking one significant date could put us in danger of missing a vital point: crashes and crunches don’t tend … More A decade on…
As shareholder activist interest in Europe grows, we increasingly need to factor their influence into the M&A landscape. This week we look at what’s influencing activist activity in Europe, how that activity is evolving and how companies should respond to activists and changing shareholder dynamics. If you can’t beat ‘em… should you join ‘em ?
This week’s Capital Agenda Blog comes from Alan Hudson, Head of UK Restructuring. EY’s latest Analysis of UK Profit Warnings for Q2 2017 shows profit warnings hitting their lowest quarterly level in seven years. In this week’s blog we cover the main themes in five charts and explore the link with the other headline of … More Profit warnings, ‘shrinkflation’ and zombies…
It’s hard to look at any UK data these days without filtering it through the lens of Brexit, even if we don’t know what it will look like yet. The start of negotiations between the UK and the rest of the EU is just the end of the beginning. But, life goes on for UK … More UK M&A: Dealing with Brexit