2021 Transactional YIR SOCIAL

2021 Transactional Year in Review and 2022 Forecast

As M&A activity shattered records in 2021, dealmakers faced challenges both familiar and new. From SPAC litigation, to enhanced FDI and antitrust scrutiny of transactions worldwide, to the fast-growing focus on ESG and sustainability, the developments of 2021 will impact dealmaking into 2022 and well beyond. 

In this new era of unpredictability, clients turned to Jones Day for some of their most significant, novel, and complex transactions, ranging from carve-outs, leveraged buyouts, and public deals, to P3s and NFTs. 

Will risks in the financing market, tighter regulations, and the continuing impact of COVID-19 put an end to the frenzied pace of dealmaking, or will 2022 be another dynamic year? Read more in Jones Day's 2021 Transactional Year in Review and 2022 Forecast.

Table of Contents

Transactional Perspectives on 2022

SPAC Year in Review and 2022 Outlook

Emerging Developments in Corporate Governance, Impact of COVID-19, and Looking Ahead to 2022

2021 Shareholder Activism Highlights

The ESG Surge Continues: Focus on Europe

Crafting Divestiture Agreements in the Context of Merger Investigations

Until Enacted or Withdrawn, Proposed U.S. Tax Reform Continues to Have an Effect on M&A and Private Equity Transactions

FDI Regimes Continue to Expand and Increase Scrutiny of Transactions Worldwide

Infrastructure Investment and Jobs Act: Overview and the Role of P3s

New Data Privacy Law in China

Trends in European Public M&A

Superannuation Funds Take Center Stage in Australian Take-Privates—and Will Increasingly Need to Invest Outside Australia

Key Considerations in Carve-Out Transactions

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