AIM groups hot on acquisition trail in 2007
More than two-thirds of AIM companies are planning acquisitions in the year ahead, says survey
Over two-thirds of companies listed on AIM are eager to make acquisitions
over the next year a survey by Smith & Williamson has shown.
In a poll of 73 senior decision makers at AIM companies,
Smith &
Williamson found that 70% of the respondents expected to make an
acquisition in 2007.
John Cowie, head of
AIM
at Smith & Williamson, said the findings showed that business on the
junior exchange were buoyant and confident.
‘When business confidence is high, the M&A market thrives. There is
obviously some correlation between optimism about the future and the desire to
make acquisitions – companies are clearly looking to make use of AIM to
facilitate this,’
Cowie
said.
Further reading:
Record amount raised on AIM in 2006