September 5 - Finance Week - Acquisitions by, and of, UK companies both jumped in the second quarter; but this may have featured the final flourish for big, leveraged private equity deals. While raising loans for M&A has got a lot harder in Q3, the global boom is set to continue – but with new trade players leaping on devalued stocks, especially in the US.
British companies stepped up their overseas M&A activity in Q2, but also became more frequent targets for foreign acquirers, according to figures released yesterday by the Office of National Statistics. Foreign acquisitions by UK-based firms totalled £16.9bn in Q2, four times the Q1 expenditure and three times the amount in Q2 last year. Acquisitions of UK firms from abroad reached a new record of just under £50bn, nine times the Q1 figure and more than 2.5 times that of Q2 2006. Read More.
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