July was a busy month for billion-dollar M&A deals, as the European market began to show signs of recovery from last year’s Brexit-induced shock, although the ensuing transactional trauma did not prove to be as devastating as initially feared.
The U.K.’s Worldpay Group plc kicked off this month’s deal frenzy with its $10 billion bid for Cincinnati-based credit card processor Vantiv Inc., a union that London-based sibling publication Legal Week noted yielded key roles for Allen & Overy and Skadden, Arps, Slate, Meagher & Flom.
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