Matthew Herman is the Head of U.S. Corporate for Freshfields Bruckhaus Deringer. He spoke with Rhonda Schaffler at The Deal Economy Event and told her "the easy deals have kind of been done."
From an execution perspective, he says the big public takeovers are relatively easy, but things get more difficult when it comes to preparing for carveouts like H.R., operations, and financials.
When it comes to divestiture, Herman says uncertainty can lead to dislocation, but smart buyers can move on that dislocation.
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Citi overcame a mixed print to send its stock surging on Monday.
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