Back to life, back to reality

Article Abstract:

There has been a revival in the European high yield debt market since Mar 1999. Many observers believe that there is now strong interest in assets around Europe, as highlighted by the largest European corporate bond ever assembled for Olivetti's takeover of Telecom Italia. There is less certainty about the leveraged buyout market. Large US investment banks are finding sufficient opportunities in Europe to meet their demand for assets, but middle market players are tending to be more cautious. This seems to be creating a degree of fragmentation.

Debt & Capital Management, Analysis, Financial management, Sovereign debt market

---

Europe sees advances on all fronts

Article Abstract:

It is becoming increasingly common in western Europe for private equity to be used to transfer the ownership of businesses. Buyout players are being particularly attracted to Germany, despite the fact that there is still some unpredictability in the structuring of deals there. The wider availability of exit options has played a key role in boosting the continental European management buyout market, but the market continues to change rapidly.

Acquisitions Analysis, Acquisitions and mergers, Western Europe, Financial analysis, Management buyouts

---

Similar abstracts:

• Abstracts: Racing the clock. The case against Hong Kong. Bear in mind
• Abstracts: Banks run for cover from failed bids. Insurance conference. UK company brings takeover insurance to eager US market
• Abstracts: A simple approach for analyzing feedback vacation queues with levy input process. Analysis of M/G/1 queues with delayed vacations and exhaustive service discipline
• Abstracts: New competitors in financial services - the rise of non-banks and near-banks. Geographic marketing in financial institutions: the experience of Banco Central Hispanoamericano
• Abstracts: Language debate rekindled. U.S. maker of Lee jeans loses case over name trademark in Philippines. Philippines pulls out stops to host APEC summit

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.