The number of M&A deals in the UK in Q2 rose marginally by 7% but hit
£8.9bn – an increase of 154% on the previous quarter, according to figures
published by the Office of National Statistics and analysed by Grant Thornton
For the first time there were also more acquisitions in Britain by foreign
companies than by UK companies abroad.
David Brooks, head of M&A at Grant Thornton corporate finance said:
‘Overall, UK M&A activity has been very resilient during the second quarter
of 2005. Despite a small rise in the number of UK M&A deals, the value of UK
deals has gone through the roof.
‘In terms of cross-boarder M&A, it is clear that the UK is still an
attractive place for foreign companies to buy.’
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.