M&A activity set to increase across Europe

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
financial services.

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’
among businesses.

‘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.

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