Covering Cross Border M&A

March 26, 2008

No doubt, the domestic M&A market has stalled. Deals are still happening, but a closer inspection reveals that many of these transactions are actually centered on cross-border themes. In the past few days alone, Tata acquired Ford’s Jaguar and Land Rover divisions; Caterpillar bolstered its stake in its Japanese JV; and Carlyle bought interests in two separate French telcos.

All of this is occurring against the backdrop of a weak U.S. dollar, the growing power of sovereign wealth funds, and, of course, the indomitable momentum of globalization. It's these factors that will see to it that cross-border M&A keeps churning ahead, whether its inbound or outbound deals that are making news.

To help pros stay abreast of what’s going on in the global deal market, Mergers & Acquisitions Journal introduces Cross-Border M&A News. As you’ll see below, we’ll be covering on a weekly basis the latest in global M&A news, including deals, personnel moves and any firm developments that are relevant to the global market.

We hope you enjoy this latest offering from Mergers & Acquisitions, and please feel free to offer any feedback. I can be reached at the email below, or any story leads can be directed to Danielle Fugazy, who can be contacted at danielle.fugazy@sourcemedia.com.

Ken MacFadyen, Editor, Mergers & Acquisitions Journal