UK M&A activity slowed in September, says Peel Hunt
UK M&A activity slowed in September after a period of increasingly intensive takeover activity between April and August, according to new data release by Peel Hunt.
The number of UK plcs under offer fell to 26 at 30 September versus 32 at 31 August.
Four UK plcs entered new bid situations through September: Safestay plc, Stagecoach Group plc, Entain plc and French Connection Group plc.
A total of 889 public M&A transactions have been announced globally in the last twelve months, with a total transaction value of cUSD1.753 billion.