Key highlights include:

• A notable increase in the number of public offers, with a total transaction volume of approximately EUR40.1 billion. 
• A continued focus on delisting, with 63% of offers aimed at withdrawing from the stock exchange. 
• The persistent importance of material adverse change (MAC) clauses, which featured in 88% of takeover offers. 
• The critical role of early regulatory risk analysis in the success of transactions. 

For further insights and detailed analysis, we invite you to read the full report. Should you have any questions or require further information, please do not hesitate to contact our public M&A experts.