Member News

Member News

PwC | 2024 Mid-Year Outlook: Global M&A Trends in Health Industries

M&A will continue to be a critical tool to unlock value and drive innovation across health industries as dealmakers gear up for a busy second half of 2024. By Christian K. Moldt, Global Health Industries Deals Leader, Partner, PwC Germany | Dealmakers in pharmaceuticals and life sciences and in healthcare services are eager to get deals done in 2024 as they grow more comfortable navigating an environment of elevated interest rates and regulatory pressure. Competition for truly innovative assets remains...

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Member News

Tradewind Finance Expands Footprint in Mexico with Two New Additions to the Americas Team

(New York, New York) – Tradewind Finance, an international trade finance firm specializing in cash flow solutions that enable business growth and seamless cross-border trade, is expanding its footprint in Mexico with two new hires. The company’s growing team in the region comes at a time when Mexico has become a major trading partner for countries including the United States, making trade finance an attractive tool for facilitating export and import transactions.   Rafael Marin Mattozzi joins the Tradewind Americas sales...

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Member News, Trade & TTIP Related

Jaguar Freight | The Weekly Roar – Sky-rocketing container rates, ILA contract negotiations have stalled, UK and EU trade relations, sustainability no longer a priority, and the concept of extreme scenario planning

Container shipping rates have doubled since February in some key lanes and continue to rise — but remain well below the peak reached during the pandemic. Rising rates are leading to frustration among importers and raising concerns about a cost bubble. The main reason for the increase is, not surprisingly, the continued closure of the Suez Canal due to attacks by Yemeni rebels, forcing ships to take a longer route around Africa which is creating a need for more ships...

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Member News

Vulcan View: The latest EU developments 15 July – 19 July

What’s in store for von der Leyen’s second term in the Berlaymont European Commission President was elected for a second term on Thursday (18 July) in Strasbourg. Although it was expected to be a very close call, von der Leyen received 401 votes, well above the 361-vote threshold. The vote shows that 284 lawmakers voted against her re-election, while there were 15 abstentions and 7 void. Her vote was successful following the Greens’ announcing just before the vote that they would...

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Member News

Bannockburn Global Forex | Euro Trades Quietly Ahead of ECB Meeting

Jury duty assignment prevents a more comprehensive note, but here is a snapshot.  Overview: The US dollar enjoys a firmer bias today, in mostly quiet turnover in narrow ranges. The Australian dollar is a noted exception, and the better than expected jobs growth may have lent it some resilience today. The greenback initially was sold to almost JPY155.35, a new low (since June 7) before recovering to nearly JPY156.60 in Europe. The UK's employment report saw the first payroll growth in...

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Member News

Pérez-Llorca | Insurance Market Update

BBVA’s takeover bid for Sabadell would ultimately impact existing bancassurance partnerships with Allianz and Zurich respectively In early May, the Spanish bank BBVA made an initial all-share offer for Sabadell to merge, which was rejected by Sabadell’s board, prompting BBVA to turn hostile and take the offer directly to Sabadell’s shareholders. BBVA’s bid is subject to a minimum acceptance threshold of 50.01% of Sabadell’s shareholders in addition to the relevant regulatory approvals required for both the takeover bid and the...

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Member News

Stephenson Harwood | The Neural Network – July 2024

Welcome to the first edition of the Neural Network. The Neural Network is Stephenson Harwood's monthly round-up of developments in AI, covering three key areas relevant to professionals working in the AI space: New regulation and public body updates; Enforcement and litigation; and Updates and case studies on the use of AI technology. In this edition, we look at key AI developments from June and July 2024. We examine the final text of the EU AI Act that was recently...

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Member News

Pérez-Llorca and Mexican law firm González Calvillo complete their merger

The partners of both firms have voted in favour of the merger at their respective meetings, and the relevant regulatory approvals have been obtained The integration is the first cross-border merger between a leading Iberian law firm and a top-tier Mexican practice The project aims to create the leading legal practice in Mexico, serving clients on both sides of the Atlantic, large multinationals and financial sponsors, as well as other international law firms Pérez-Llorca and González Calvillo have completed...

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Member News, Trade & TTIP Related

Jaguar Freight | The Weekly Roar – Ocean rates surging, shippers rushing for Christmas, Panama Canal upgrades, more maritime regulation, and pressures on manufacturing.

Ocean shipping rates are surging, and the current trend indicates record profits for shipping companies in the third quarter of 2024. Industry benchmarks show a substantial increase compared to pre-pandemic levels, though they haven’t quite reached the all-time highs observed in September 2021. The trend is mostly driven by ongoing disruptions in the global supply chain—high demand for goods, ongoing port congestion, geopolitical tensions, and labor shortages—which are causing a shortage of containers and an imbalance in demand for...

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Member News

IPTI | Property Tax In The News – July 2024

IPTI’s usual monthly newsletter - the “President’s Message” - contains, inter alia, some summarised news articles from around the world. This IPTI publication - “Property Tax in the News” - contains some of the more interesting news articles concerning property taxes in North America and Europe which is where many of our members have a particular interest. Links to these and more, similarly summarised, articles - from North America, Europe and around the globe - can be found in...

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