Value of foreign purchases of British-owned businesses in first nine months of year was lowest since 2010, study shows
Foreign firms have put the brakes on buying British rivals this year in response to Brexit uncertainty, despite the lure of snapping up businesses that have tumbled in value after a slump in the pound.
A study of UK buyouts and merger deals involving foreign firms showed that the value of purchases of British-owned businesses fell in the first nine months of the year to its lowest level since 2010.
Continue reading...from Mergers and acquisitions | The Guardian http://ift.tt/2g3hXA1
No comments:
Post a Comment