Merger deals to hit $70bn in Brexit strategy boost - News Summed Up

Merger deals to hit $70bn in Brexit strategy boost


Aberdeen Asset Management chief Martin Gilbert, left, and Keith Skeoch, chief executive of Standard Life, have agreed an £11 billion merger. More than $67.2 billion of deals involving a UK company have been agreed this year PABritain is on track to record nearly $70 billion worth of deals in the first quarter, smashing last year’s total and signalling the possible start of another mergers and acquisitions bonanza. More than $67.2 billion of deals involving a UK company have been agreed this year, which is about $16 billion more than the same period last year, data from Dealogic shows. The figures will boost Theresa May’s claim that Britain remains open for business despite Brexit. These include a proposed £11 billion deal between Standard Life and Aberdeen Asset Management and Wood Group’s £2.3 billion all-share…


Source: The Times March 14, 2017 00:07 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */