Liberty Global’s acquisition of Virgin Media accounted for almost 60% of the UK’s total deal value in Q1 2013, boosting the quarterly total to almost double that of the same period last year, according to data provided by MergerMarket.
Despite a year-on-year fall in M&A activity in Q1 2013, renewed market interest in recent weeks has resulted in an increase in bids and new issues, which could see more UK companies fall into the hands of Americans.
Standard Life has bagged itself a bargain, acquiring Newton Private Clients for around £83.5m in a move that will more than triple its AUM.
Despite a lot of talk about M&A, consolidation and that there are too many fund groups and funds – certainly too many poor-performing ones – nothing has changed on the product manufacturing side of our industry.
Deloitte has found that new IPOs have seen their share prices rise more than double that of the FTSE 100 in the past two years, but what does this mean in today’s rallying market?
Close Brothers said its intention was for further growth despite losses in the asset management business.
Investec has agreed a deal to buy the Evolution Group, owner of Williams de Broë.
The AIM-listed wealth management group intends to boost its funds business with the £1.56m purchase.
Liontrust has expanded its business through the acquisition of a specialist fund management group.
JOHCM is to maintain its brand and managers are to keep autonomy under terms of acquisition deal.
IFA consolidation vehicle Perspective has acquired two further IFA firms.u
Charles Stanley has acquired Birmingham-based adviser firm Jobson James Financial Services.
