M&A UK deals have peaked
ONS statistics analysed by Grant Thornton
Analysis of M&A activities in the second quarter of 2007 by
Grant Thornton has seen the firm
predict that the value of cross-border UK deals has now peaked.
Grant Thornton made this prediction as deals involving UK companies during
the second quarter of 2007 eclipsed any previous quarter – however deal volumes
continue to fall steadily, according to the latest M&A statistics published
by the ONS.
Several mega deals completed during the second quarter of 2007 pushed the
value of foreign M&A in the UK from £18.5bn in the second quarter of 2006 to
a record £49bn.
The volume of deals for the same period fell from 62 to 54.