BP vulnerable to takeover as London bargain hunt continues, top analyst predicts January 29, 2023 UK oil and gas firms could be on the receiving end of a wave of takeovers this year as investors swoop on historically cheap London-listed companies, a top analyst has predicted.
City of London dealmaking set to rebound as ‘dry powder’ fuels wave of takeovers, bankers say January 4, 2023 Dealmaking is set to rebound in the latter stages of this year as stored up “dry powder” and steadier markets fuel a wave of take-private deals, bankers have predicted.
UK private equity deals slump as firms hold out for bargains November 7, 2022 The number of private equity deals closed in the UK has slumped 20 per cent in the past year as firms sit on cash reserves in anticipation of tumbling valuations, according to new research.
Tumbling pound puts London firms at risk of foreign takeover frenzy September 29, 2022 A sharp fall in the value of the pound could put London-listed firms at further risk of foreign takeovers after a spate of acquisitions this year, experts have warned today.
Top investor may go against £9.5bn Schneider takeover bid for AVEVA September 23, 2022 A top AVEVA investor is reportedly planning to go against a £9.5bn takeover offer by Schneider Electric because it represents an “opportunistic bid”. Peter Lampert said the bid, at £31-a-share would undervalue the UK technology group, the Financial Times reported. This comes after numerous major UK firms have been approached by foreign investors, including Ted [...]
Deals down: Second quarter mergers and acquisitions slumps back to pre-pandemic levels September 6, 2022 The number of deals through mergers and acquisitions in the UK plunged in the second quarter of the year as market volatility sparked by war in Ukraine spooked dealmakers. There were 333 deals completed between April and June this year, a drop of 116 compared to the previous quarter and 167 fewer than the same [...]
Ted Baker sees lift in sales as rebounding store revenues are offset by slump in demand September 2, 2022 Fashion brand Ted Baker has revealed that recovering store footfall helped support higher sales over the past quarter as it prepares for its US takeover. Last month, the retail business agreed a £211 million takeover by Authentic Brands Group, the US owner of Reebok and Juicy Couture. Ted Baker shareholders will vote on the move [...]
UK tech titan Micro Focus nearly doubles in value following OpenText’s £5bn takeover August 26, 2022 Micro Focus nearly doubles in value this morning as shares soar 93 per cent following OpenText's £5bn takeover announcement.
London set for private equity takeover frenzy as market settles August 17, 2022 London is set for a flurry of takeover deals as flush-with-cash private equity firms put money to use as market turbulence begins to settle, analysts have said.
Bargain Hunt: After Ted Baker, foreign buyers set to continue swoop on cheap London-listed firms August 17, 2022 Lawyers expect further corporate raids on the capital’s listed businesses after Ted Baker became the latest to be picked off by foreign, private firms.