Melissa Sawyer, S&C’s Global Head of M&A, spoke to Reuters about global market challenges to dealmaking. The article reported on the London Stock Exchange Group’s rankings of M&A legal advisors, which placed S&C atop its rankings for global announced deals by value for the first three quarters of 2023, among firms that advised any party in a transaction.
Melissa noted that while antitrust scrutiny and financing difficulties for private equity sponsors were among the variables impacting deal volume, companies “aren't shutting off the valve completely,” and the firm remains busy advising companies that “have the balance sheet to be opportunistic.”
Read “U.S. Deals Help Keep Law Firms Busy Amid Global M&A Lull.”