How Will the COVID-19 Pandemic Affect Austria’s M&A Market? [Video]
Dealmakers are facing challenges in the struggling market on many fronts, particularly delayed, altered or canceled deals. We spoke to lawyer Rainer Kaspar to learn how he is advising his clients during the pandemic.
12 June 2020
While life is returning to normal in Austria, the COVID-19 health crisis continues to disrupt the mergers and acquisitions (M&A) environment. Right now, dealmakers are working through implications on an ever-changing landscape of uncertainty and developing tactics to manage legal issues.
To learn more about the challenges and opportunities in the Austrian market, I spoke with Rainer Kaspar, partner at PHH Rechtsanwälte and Vice President of the Corporate and M&A Commission of AIJA (International Association of Young Lawyers). During our insightful discussion, Rainer, who specializes in corporate and M&A work, candidly shares his sentiment on the current situation in Austria and how it will evolve from a legal perspective.
Above: Rainer Kaspar, partner at PHH Rechtsanwälte and Vice President of the Corporate and M&A Commission of AIJA (International Association of Young Lawyers)
When I asked Rainer about mistakes companies are making in the current environment, he said he frames conversations with clients in a particular way. “Advice I have given my clients is more of a question,” says Kaspar. “Are you comfortable enough with the potential financial impact and strategic outlook to proceed at this stage?”
Watch our 15-minute conversation below to learn Kaspar’s view on current deal dynamics in Austria.
Roland Petrenkó is an account executive responsible for Austrian clients and Swiss legal advisors. Prior to joining SS&C Intralinks, he worked for Clairfield International, Raiffeisen Bank International, Erste Group Bank and UniCredit. During his investment banking career, he gained transaction experience in multiple industries, focusing primarily on TMT & Consumer Goods. Roland holds a Bachelor’s degree in Business Consultancy and a Master’s degree in Banking and Finance.