The IMF warned that insatiable investor demand for private equity investments
has resulted in over-inflated deal valuations, and left companies financially
vulnerable and saddled with too much debt.
, the IMF also warned that private equity players are also
exploiting demand for a share in their deals in order to obtain weaker financing
conditions from their investors.
Investors, meanwhile, may be failing to properly assess private equity deals
as thoroughly as they should in the rush to obtain stakes in buy-out deals.
‘The recent wave of M&A is exhibiting some worrying symptoms of the past
and has introduced some new risks,’ the IMF said in a report.
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.