UK Public M&A Update — H1 2021 | Skadden, Arps, Slate, Meagher & Flom LLP
[co-author: Krishane Sri Rajkumar] In this update, we consider key statistics, trends, developments and highlights regarding U.K. public M&A transactions governed by the U.K. City Code on Takeovers and Mergers (the Takeover Code) that were announced during the first half (H1) of 2021. Key Statistics and Trends H1 2021 vs. H1 2020 The COVID-19 pandemic certainly had a significant impact on the volume of firm offers announced in H1 2020. However, a comparison of the number and size of deals in H2 2020 and H1 2021 against H1 2020, shows a steady return to pre-pandemic levels of activity, with 28...