FANews
FANews
RELATED CATEGORIES

Bowmans is leading legal adviser in Africa according to DealMakers

17 February 2017Ezra Davids, Bowmans
Ezra Davids, Chairman of Bowmans Corporate/ M&A Department.

Ezra Davids, Chairman of Bowmans Corporate/ M&A Department.

Pan-African law firm Bowmans has been named DealMakers leading legal adviser in Africa (in relation to both deal value and deal flow) for the third year in a row at a gala event held in Johannesburg last night.

The Dealmakers league tables show that the deals attributed to Bowmans in Africa were collectively valued at USD 4 640 million, constituting 13.4 % market share by deal value and 25.8% market share by deal flow.

Chairman of Bowmans Corporate/ M&A Department, Ezra Davids, says, “A combination of African-led and international cross-border acquisitions are fuelling regional M&A activity as African businesses grow in self-confidence. While the global volume of African M&A has slowed, we are expecting inbound and outbound M&A to increase in the years ahead as regulatory uncertainty and global political events stabilise.

“The geographical source of foreign direct investment also appears to be expanding. We are seeing lively interest in Africa from North America, China, Western Europe, Japan and India to name a few.”

Bowmans was also recently recognised by MergerMarket in the African and Middle East league tables as the No 1 ranked legal firm by deal count in 2016.

The firm’s expertise is frequently recognised by independent research organisations, including IFLR1000’s Financial and Corporate Guide, Legal 500 and Chambers & Partners, which each rank Bowmans Corporate M&A practice group as top tier.

Quick Polls

QUESTION

The FSB is thinking of scrapping Level II Regulatory Exam (which would have tested product knowledge) in favour of an approach that forces insurers to train staff and monitor their actions. Do you agree with this approach?

ANSWER

Yes. The Level II Regulatory Exams were a massive headache for those who had to write them
No. At least with the exams you knew who were the top achievers. A lot of trust now needs to be given to insurers.
AE fanews magazine
FAnews June 2017 EditionGet the latest issue of FAnews

This month's headlines

FIA Awards… a whole new journey
Old Mutual Insure steps out of the box
State intervention for microinsurance: justifiable?
Big Data; the new ‘oil’
SA – a fallen angel? Investing in a junk status economy
Subscribe now