M&A activity down

M&A activity down

More evidence of the dire state of the mergers and acquisitions market appeared this week when KPMG Corporate Finance revealed the total value of global M&A deals fell 56%, from $1,020bn (£685bn) in the first six months of 2001 to $448bn for this year

UK activity fell 52%, with only £70bn of deals recorded in the first half of 2002. The level of activity is now lower than at any time since 1997. But the research showed the middle market activity had not performed as badly, showing a drop of only 44% in value.

Nearly three out of four companies listed on the Alternative Investment Market know little or nothing about the proposed EU Prospectus Directive, according to research from PKF. The directive, which seeks to create greater harmonisation and a single passport for issuers, could create additional regulation for companies listed on AIM if a ‘carve out’ for all firms with a market

Oxfordshire-based firm Critchleys has completed the sale of healthcare architects Nightingale Associates to Tribal Group plc, a public sector support services group, for £15.5m. Nightingale provided planning and design services for NHS Trusts and PFI consortia, including work for the London Clinic, the Royal Berkshire Hospital and the Kings College Hospital redevelopment.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

2m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article