UK’s Pets at Home Is One of the Favorite M&A Targets in 2024
- Getlink also a newcomer to list; Covestro is top M&A pick
- Last year was worst for M&A since 2009 European debt crisis
A Pets at Home Ltd. store in London.
Photographer: Jason Alden/Bloomberg
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UK retailer Pets at Home Group Plc and French cross-channel transport operator Getlink SE are among European companies tipped as top potential M&A targets this year.
While deal watchers will welcome newcomers to the fray after Europe’s quietest year for M&A since 2009, the latest additions don’t lead the list of likely takeover targets. German chemical giant Covestro AG got the most mentions in Bloomberg’s informal survey of 18 traders, fund managers and analysts conducted in December.