Risks around the U.K.’s planned exit from the European Union are making it hard to get sterling-denominated loans, an obstacle for companies that want to buy British assets, people familiar with the matter said.
About $3.8 billion in deals for U.K. businesses and assets have been announced so far this year, according to data compiled by Bloomberg. That’s down 76 percent from the same period in 2018 and on track to be the worst January for the market since 2012, the data show.
