Future Of British Business
UK Plc Is Vulnerable to ‘Transformational’ Takeovers in 2024
- 88% of UK corporates see a positive outlook for M&A this year
- Financials, real estate among sectors vulnerable to takeovers
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Takeover deals will pick up in the UK this year as British companies and institutional investors are optimistic about the outlook for acquisitions, a survey by investment bank Deutsche Numis showed.
Almost nine out of 10 UK corporates see a positive picture for M&A in 2024, with larger transactions expected. Nearly a quarter of the survey’s respondents are more likely to go after “transformational” deals, double last year’s figure, reflecting growing confidence as market conditions improve.