Abstract

Since the early twentieth century, there have been seven ‘waves’ or ‘peaks’ in cross-border merger and acquisition (M&A) deals in Europe (Fligstein and Merand 2002; Gaughan 2010; Statista 2016). The most recent peaks were due to an increase in deals where domestic firms in the European Union (EU) were targets of foreign firms, either from elsewhere in the EU or from outside the EU (Turvill 2017). Hence, in this chapter, we focus on this type of deal.