BusinessCompany NewsAIM groups hot on acquisition trail in 2007

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.

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