Sovereign debt defaults, Euro crises, Footsie hyperventilating and flat-lining growth -- and still the M&A and the MBO markets seem to be holding up!!

For the CF team at asb law the year has managed to fly by at break-neck speed. With less than 4 weeks until Christmas we can scarcely believe that we have shot past the end of our Q2 in November and we're pleased to have continued to build on our successful year to April 2011 and the further progress made in Q1.

Our deal flow has continued at a healthy rate with a good number of higher value transactions successfully completed within their target timetables, a selection of which are summarised below. 

This represents a broad mix of share deals, asset acquisitions, MBIs and MBOs across a range of sectors. We are now seeing an increasing number of private equity backed deals, with bank support certainly on the increase, which is encouraging when we compare this with the level of bank funding activity we were seeing this time last year. 

This would seem to suggest that the regional economy is trying desperately to ignore the turmoil elsewhere, but if we're honest we think only Mystic Meg has the answers as to what lies ahead for 2012.  In the meantime, with a number of exciting deals in the pipeline we're looking forward to seeing this year out with a bang.   

We hope next year will bring with it new seeds of growth (no-one's allowed to mention green shoots!) and look forward to working with you to keep the momentum going.

Click here for the latest Finance Deals Update.

asb issues a range of email briefings to clients and contacts. If you would like to receive one of the briefings - signup here.

To see all our email briefings please click here