Herbert Smith Freehills Kramer Podcasts

Public M&A EP36: Shareholder influence on M&A

Herbert Smith Freehills Kramer Podcasts Episode 36

In this episode we talk about the influence we have seen shareholders have on recent transactions.

Areas we discuss include shareholders:

  • pushing for M&A
  • influencing M&A, including through the use of irrevocable undertakings and stub equity
  • looking to block deals; and
  • being directly targeted for support by both targets and bidders.

We also discuss the key takeaways for companies when dealing with shareholders.

Speakers: Antonia Kirkby and Greg Mulley.