Publications

Companies look to protect themselves against disruption by acquiring innovation and forging alliances with unconventional partners Our latest Global Capital Confidence Barometer continues to find a strong acquisition appetite together with a growing inclination to forge new alliances. Prolonged economic challenges are driving investment decisions, leading companies to ally and cooperate to generate growth as … Read more

Introduction The most common Finnish corporate entity is a limited liability company (LLC). There are two forms: the public limited company (Oyj) and the private limited company (Oy). Finnish company laws are largely based on European Union (EU) directives. The Companies Act was amended in 2006, to provide more flexibility in areas such as dividend distribution. Other … Read more

Introduction The environment for mergers and acquisitions (M&A) in South Africa is far less clement than in previous years due to the harsh current economic climate and the global credit and liquidity crunches. These constraints have reduced the economy’s growth and led to a sharp decrease in M&A activity. The fundraising appetite for domestic financial … Read more

Introduction Hong Kong is a former British Crown Colony whose sovereignty was returned to the People’s Republic of China (PRC) on 1 July 1997. The Hong Kong government has traditionally adopted a minimal intervention approach to the economy. Consistent with this approach, Hong Kong has a relatively simple tax system, minimal competition law, a relatively … Read more

Introduction As the most populous country and largest economy in Southeast Asia, Indonesia has long been attractive to investors. Recent tax legislation changes and the expansion of incentives should further stimulate investment. However, certain restrictions on investment remain. Some sectors are closed to foreign investors. These are published in the negative investment list, which was … Read more

Introduction The signing of several free trade agreements (FTA) and the ambitious Panama Canal expansion are tangible signs that Panama is opening its economy to the global market. As a result, Panamanian companies are working to increase their competitiveness. Mergers and acquisitions (M&A) are increasingly common in Panama in recent years, and they are seen … Read more

Contributor: Andy Qiu HIGHLIGHTS — While the number of completed pharma deals were slightly higher in Q1 2016 versus Q1 2015, deal value was far lower in the absence of any >$10 billion completions. Only one deal exceeded $5 billion in Q1 2016 (versus 8 in Q1 2015). — Specialization continues to be a driving force … Read more

Introduction Mergers and acquisitions (M&A) have become increasingly common in Russia in recent years. A number of legal and tax issues should be considered when such transactions are planned. This report summarizes the applicable provisions in Russian legislation. M&A issues are complex, so every transaction should be planned taking into consideration all the facts and … Read more