Two thirds of senior executives at mid-market corporates, financial sponsors
and fund managers across Europe are expecting an increase in the number of
mergers and acquisitions over the next six months.
According to KPMG’s Mid-Market M&A Outlook, the M&A hotspots
are likely to be technology, media and telecoms, energy, mining, utilities and
Steve Halbert, head of middle market at KPMG corporate finance, said that
despite recent ‘stock market jitters’ there was a mood of ‘expansion and growth’
‘Confidence is high, cash-flow is strong and financing conditions are
favourable. This means more deals will be done but not at any price – the
approach is very much selective and strategic,’ Halbert added.
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.