The value of deals fell from $45.8bn (£27.7bn) in 2001 to $23.3bn in 2002. It represents a slump of 49.1%. The number of transactions also fell from 1,767 to 949 – a 46% decline.
E&Y maintains that US companies will remain the biggest buyers this year, with transactions within the software sector accounting for 40% of all M&A deals in Europe.
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.