This presentation by Pascal Dupeyrat is acknowledging the fact that when you try to make an M&A deal, there may be a third party at the table if/when it is considered as part of the strategic sector.
8. Mergers & Acquisitions and Strategic Sectors
3 consequences of the presence of strategic
sectors :
8
Specific M & A
Specific monitoring issues
Specific management
10. Specific Mergers & Acquisitions
What makes a merger/acquisition in a strategic
sector specific ?
10
Need for an
administrative authority
11. Specific Mergers & Acquisitions
Administrative authority with
unique features
11
Regulations open to broad
interpretation
Non-public case law
High sensitivity to political factors
Incestuous State
controls
Unclear means of appeals
21. Mergers & Acquisitions and Strategic Sectors
Geoconomics
trends :
21
Shift in the financial
balance of power :
- Multinational
corporations
- Investment
funds
- Sovereign
funds
22. Mergers & Acquisitions and Strategic Sectors
22
Huge competition for
access to:
- Rare
commodities
- Critical
infrastructures
- Strategic
technologies
- Key
ressources
23. Mergers & Acquisitions and Strategic Sectors
23
Strategic sector
Shift from an endured situation
to a mindset partnership