UK mergers and acquisitions fall 33% to hit lowest level since 2009
by Kalyeena Makortoff Banking correspondent from Economics | The Guardian on (#6HEVQ)
Total value of mergers and acquisitions dealmaking fell to just over $265bn, down from $395bn
UK takeover and tie-up dealmaking shrank by a third this year, hitting its lowest level since 2009, as rising interest rates and concerns over Britain's economic outlook affected buyers' appetites.
Figures compiled by London Stock Exchange Group's Deals Intelligence team show that the total value of mergers and acquisitions deals involving UK firms fell by 33% to just $265bn (207bn) over 2023.
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