Domestic M&A deal value reaches decade high in 2018 despite Brexit uncertainty

first_img More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comPuffer fish snaps a selfie with lucky divernypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com Tuesday 5 March 2019 12:53 pm whatsapp Jessica Clark Domestic merger and acquisition (M&A) value hit a ten-year high in 2018 despite Brexit uncertainty, according to the latest data.Acquisitions of UK companies by other UK firms rose from £18.8bn in 2017 to £26.5bn last year, the highest value since deals reached £36.5bn in 2008, research from the Office for National Statistics (ONS) found. whatsapp Share Read more: Leaked information on M&A deals leads to higher valuationsThe value of takeovers of UK companies by foreign firms last year was £71.1bn, compared to £35.2bn in 2017 driven by Comcast’s £30bn acquisition of Sky which accounted for more than two-fifths of inward acquisitions.Outward M&A deal value – when a British company acquires a firm based outside of the UK – fell from £77.5bn in 2017 to £22.7bn last year as no “mega deals” were completed in 2018.Read more: Autotech M&A deal value falls to five-year low in second half of 2018Rob Donaldson, head of corporate finance at RSM, said: ‘Despite all the Brexit uncertainty, the UK M&A market has had a pretty good year, driven in part by high domestic demand as well as continued interest from overseas buyers.’Favourable exchange rates have made UK assets very attractive to overseas buyers. We have also seen sustained interest from the private equity market, keen to make decent returns in a low interest rate environment.” Domestic M&A deal value reaches decade high in 2018 despite Brexit uncertainty Tags: Brexit Company Private equity Skylast_img

Leave a comment

Your email address will not be published.


*