Simpson Thacher in the News
Go Back
Anthony Vernace Quoted in Bloomberg News on Increased Take-Private Deal Activity in 2024
10.29.24
This is only gets display when printing
M&A Partner Anthony Vernace was quoted in an article titled, “Private Equity Reopens Checkbook for $85 Billion US Deal Spree,” which was published by Bloomberg News. The article discussed the recent resurgence of private equity takeovers of public U.S. companies, with private equity firms striking almost $85 billion in deals to date in 2024 involving listed U.S. targets. When addressing the market factors contributing to the uptick in take-private deals, Anthony noted, “At the moment we are seeing market conditions that are conducive to take-private transactions, including valuation expectation alignment, an accommodating interest rate environment and reduced equity market volatility.”
To read the full article, please click here (subscription required).