Cliffe Dekker Hofmeyr sees some blue sky for businesses in 2017
Opportunities for M&A likely to arise in the rest of Africa, Europe, Asia and the Middle East
Business law firm Cliffe Dekker Hofmeyr (CDH) this week clinched top honours for mergers and acquisitions (M&A) deal flow at the annual DealMakers Awards for the eighth consecutive year. “Deal activity may have slowed but indications are that we may be in for a stronger 2017 as businesses get more strategic and seek out growth opportunities,” said Willem Jacobs, director and national head of CDH’s corporate and commercial practice. “The local economy remained under significant pressure during 2016, following an equally tough 2015. However, as dealmakers we have to ensure businesses are able to maximise the prospects on offer,” he added. The firm’s 77 M&A deals in 2016 – 30 more than its nearest competitor – had a combined value of R149-billion. CDH also achieved second place overall in terms of M&A deal value. Adding to this significant accomplishment, the firm was ranked first for deal flow and third for deal value in the general corporate finance transactions legal adviser tables,...
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