The global cosmetics industry has seen an acceleration of mergers and acquisitions (M&A) throughout 2024 and into early 2025. Shaped by evolving consumer preferences, a heightened focus on sustainability, and technological innovation, the sector’s M&A activity reflects wider trends across global markets. As our director Peter Paradise recently observed in his analysis of legal and...

The global mergers and acquisitions (M&A) landscape in 2025 is poised for a robust year, building on the momentum of a strong 2024. With dealmakers optimistic amid improving capital markets and a more favourable interest rate environment, legal trends and economic policy—particularly from the United States and China—are playing an outsized role in shaping both...

Joint venture arrangements can take many forms, and the final structure is usually selected after careful consideration of the commercial and other tax requirements of the joint venture parties. For income tax and other related reasons, a unit trust structure is often utilised instead of a corporate joint venture structure or a partnership agreement.  One...