According to the FT
the FSA is supportive of the industry, but could be concerned about the
exotic debt instruments used to finance transactions, as well as ‘club deals’
where private equity groups combine forces to pursue companies of massive size.
The watchdog could also raise concerns over the risks that will arise when
the credit cycle turns, and private-equity backed companies run into difficulty.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.