Several situations seem particularly worth-watching:
- Altice / Bouygues Tel: creation of A shares raises Altice’s deal capacity
- Severn Trent: a new CEO has arrived since 2013 approach failure
- Smith Nephew: Stryker “sees significant scope for deals" (Bloomberg,07/23)
- SABMiller: its move for Heineken may reflect concern over InBev’s appetite
- CGG: further shrinking of market cap may impose a State-supported tie-up
- Fugro: business deterioration may boost attractiveness of Boskalis proposal
• A few others are facing critical options: RSA, Liberty, T-Mobile,Starwood,…..