Our firm was ranked third among legal advisers in Europe in Bloomberg's 2021 Global Activism league tables for company-side engagements. This ranking highlights financial, legal and investor relations advisers and proxy solicitors that advise companies or activists on activism or major M&A-related matters during the course of an activist campaign. This year, Bloomberg evaluated 590 activist campaigns, involving activist stakes worth USD 74 billion.
"Activist campaigns have become part of reality for European companies", says Sven Dumoulin, Corporate Governance partner at De Brauw. "These rankings reflect De Brauw's increasing involvement in successfully advising companies in relation to activist campaigns. In the current volatile landscape, the trend of shareholder activism is expected to persist in 2022. De Brauw is ready to help navigate companies in these situations".
De Brauw received this top three ranking based on the number of campaigns and market capitalisation of companies represented, and it had the highest cumulative activist stake in Europe.
Full report here.