Texas Lawbook Quotes Stephen Boone on 2023 M&A Market
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For its article “The Top 15 M&A Deals of 2023 (Because We Couldn’t Stop at 10),” The Texas Lawbook quoted Akin corporate partner Stephen Boone, who leads the firm’s U.S. oil & gas practice. The article discusses the M&A market in 2023, which navigated uncertainty due to war, inflation, Federal Reserve intervention, price uncertainties and disruption in industries like banking and blockchain.
“Notwithstanding the relative flurry of deal activity later in the year, 2023 on the whole was largely a year of many significant challenges for the industry and the ability to get M&A all the way to the finish line,” said Stephen. “The busy year many were anticipating in light of healthy balance sheets and strong commodity prices just did not materialize until the big flurry of large-scale M&A activity we’ve seen here relatively recently.”