Kirkland's Wolf on M&A in 2023

The video discusses the challenges and dynamics of the M&A market in 2023, highlighting factors like inflation, interest rates, and geopolitical tensions affecting valuations. It explores buyer and seller strategies, including the use of public pressure and creative deal structuring to bridge valuation gaps. The regulatory environment's impact on deal-making is examined, with a focus on risk allocation and strategic approaches to regulators. The video emphasizes the need for innovative solutions to navigate market and regulatory challenges.

What changes in buyer behavior have been observed in response to the current market conditions?

How are buyers and sellers expected to approach risk allocation in M&A deals moving forward?

What is the significance of contingent value rights (CVR) in recent pharma deals?