2014’s Top 5 M&A; Deal Advisors
2014’s Top 5 M&A; Deal Advisors
Among the highest in the world, corporate tax in the United States stands at 35%. With European tax havens offering far more attractive rates – including Cyprus’ 12.5% – American firms frequently use overseas profits to fund mergers and acquisitions in Europe, rather than transfer the money back to the US.
“We estimate that the largest US companies by market capital have $974 billion of cash-like assets held overseas,” Barclays Capital analysts told Global Finance.
“Repatriation of this cash could have significant tax implications, which may make it more attractive to use this cash for overseas M&A.”
Though investing money in Europe, US businesses predominantly use American advisory firms to consult on their cross-border deals.
The following slides detail 2014's top M&A advisers for European mergers and acquisitions deals.
Financial information for January – May 2014
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