Carey Olsen partner Tony Lane and senior associate Arya Hashemi
examine how GDPR is impacting M&A activity across Guernsey and
Jersey.
M&A activity across the Channel Islands has continued
strongly over the past year, with banks and administration
businesses continuing to be regarded as prime acquisition targets.
Butterfield continues to invest in the region with its acquisitions
of Deutsche Bank's banking and custody business as well as
recently agreeing to acquire ABN AMRO's banking business in
Guernsey. Similar consolidation has been seen with TMF agreeing to
acquire State Street's alternative investment services business
this year, to add to the Gentoo fund services business it acquired
in 2017.