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International Institute for the Study of Cross-Border Investment and M&A to Host its Sixth Roundtable Symposium

PALO ALTO, Calif., Oct. 24, 2017 /PRNewswire/ -- The International Institute for the Study of Cross-Border Investment and M&A announced that it is hosting today its sixth Roundtable Symposium on current issues in international cross-border mergers, acquisitions and strategic investments, with a special focus on technology-related M&A.

The Symposium will be held at Stanford Law School in Palo Alto and brings together chairmen and CEOs, representatives of major investment banks and top M&A law firms globally, as well as deans and key professors at the business and law schools from Peking University, Cambridge, NYU and Stanford. It is the only forum of its kind where global leaders preeminent in their fields come together to discuss the latest opportunities and challenges in the M&A discipline, both from a strategic and execution perspective.

"Given the dynamic forces impacting businesses globally, from technological disruption to geopolitical change, there is no better time to gather this group to discuss the role M&A will play in shaping the future of the global business landscape," said Robin Panovka, Partner at Wachtell, Lipton, Rosen & Katz. "This is the first time we are hosting this symposium in Silicon Valley, a fitting location for strategic thinkers to bring fresh ideas and perspectives on driving forces in technology M&A, particularly with regard to China's increasingly important role."

This year's discussion includes topics such as:

  • Overview of the Tech M&A Market
  • Strategy: How to Set the Course in Volatile, Multi-National Markets
  • Cutting Edge Legal Issues in Tech and Cross-Border M&A
  • The Silicon Valley/China Axis
  • Current Developments in China and Implications for Cross-Border Business
  • Cross-Border Expansion – Why, How & When
  • Tech Deals: Opportunities, Complications and Solutions
  • Adapting Business Models, Strategies and Deals to Get Ahead of Technological Change

Ahead of the conference, XBMA also released its Global Statistical Update on Third Quarter 2017 Trends in M&A. The highlights include:

  • Global M&A volume in Q3 was ~US$820 billion, consistent with Q2 levels.
  • Cross-border transactions continued to account for approximately 38% of both overall deal activity and of the largest deals.
  • Deal volume involving an emerging economy acquirer and a developed economy target grew nearly 12% relative to Q2 and continued to substantially outpace deals involving a developed economy acquirer and an emerging economy target.
  • Still, all ten of the largest deals in Q3 involved a developed economy target, and only one of the ten involved an emerging economy acquirer.
  • China continued to show strength, accounting for 20% of global M&A activity, while Europe and the U.S. accounted for 22% and 39% respectively, generally consistent with recent historical averages.
  • The High Technology sector accounted for the most cross-border M&A in Q3, exceeding US$58 billion in volume and accounting for 19% of all cross-border deal activity and 54% of total deal activity within the sector.
  • The Industrials sector had the strongest Q3, with over US$145 billion in total deal volume, and was the only sector to experience a relative high over the past four quarters.
  • Additional details on the study can be found at: http://xbma.org/forum/wp-content/uploads/2017/10/XBMA_2017-Q3-Report.pdf.

For a number of years the Guanghua School of Management at Peking University, the Stern School of Business at NYU, and Judge Business School at Cambridge have collaborated on XBMA, the International Institute for the Study of Cross-Border Investment and M&A (http://xbma.org/) .  The Institute sponsors the study and analysis of cross-border M&A and investment, provides a forum for the exchange of ideas in the area, and hosts a popular blog (http://xbma.org/forum/).  It has held previous symposia in Beijing, Cambridge, New York, Shanghai and London in recent years.

About XBMA
The International Institute for the Study of Cross-Border Investment and M&A (XBMA) is a joint venture between the Guanghua School of Management at Peking University, the Stern School of Business at New York University and Judge Business School at the University of Cambridge. The purpose of the Institute is to promote the analysis of cross-border mergers, acquisitions and strategic investments. The Institute provides a forum for pragmatic, de-politicized analysis of current market dynamics that fuel business expansion through cross-border M&A, and of the financial, legal, governmental and societal frameworks that facilitate or hinder such activity.

Contact
contact@xbma.org

Ariane Finkel
Wachtell, Lipton, Rosen & Katz
(212) 403-1000

Monika Driscoll
Brunswick Group
(212) 333-3810

SOURCE Wachtell, Lipton, Rosen & Katz