Ernst & Young is predicting a spate of merger and acquisitions
transactions in the second half of the year as indebted mining companies are
forced to sell assets at distressed prices.
The E&Y report highlights a gap between valuation expectations of buyers
and sellers of mining assets, but says that it is expected to narrow later this
A number of valuable projects exist, but their owners lack the means to get
them off the ground, Michael Lynch-Bell, the report’s author, said.
He is forecasting a number of ‘substantial’ deals, in the range of
£1.4-£7.2bn, from cashed-up mid tiers and specialist funds.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
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