Historic attitudes favouring globalisation are fundamentally changing....
| 1yr
| 1yr
Historic attitudes favouring globalisation are fundamentally changing....
Data from Thomson Reuters already shows that Australia deals have risen by 42 per cent so far this year in comparison with 2014. A higher level of M&A activitiy is being fed by London, New York and various parts of Asia. The large global law firms are increasingly chasing multi-practice, cross-border work which is also higher margin.
Chinese regulation
The main difficulty that multi-nationals are facing relates to Chinese compliance said Mr Damian, now involved in the Aus$1.3b takeover of Australian food manufacturer Goodman Fielder by Wilmar International and First Pacific. He said: 'Chinese approvals are increasingly required on lots of deals and people would be surprised at the application of those rules.' Source: Lawyers Weekly
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