UK M&A set for ‘sustained increase’ after Budget and Trump victory Banking British M&A activity is expected to ramp up going into 2025, City advisers have said, as dealmakers feel more certainty following the Budget and US presidential election.
Barclays shares hit nine-year high as investment bank helps profit beat forecasts Banking Barclays' shares have hit their highest level in nine years after a rebound in investment banking helped its profit beat expectations for the third quarter.
Goldman-backed Petershill announces bumper dividend after pick-up in dealmaking Investing Petershill Partners has announced a special dividend of 9 cents (7p) per share after a flurry of deals and a successful asset raising round helped the private equity firm return to growth. The Goldman Sachs-backed firm, which floated on the London Stock Exchange three years ago, generated a total income of $146m (£111m) in the [...]
The secret language of City dealmaking September 9, 2024 Dealmaking on the public markets can be a dense and confusing world. Firms court each other in the public domain; cryptic, flirtatious barbs are fired across the market, and bosses on either side try to size each other up. But what do their messages really mean? What is the hidden meaning behind the jargon? From Pac-Man [...]
City deals advisers gear up for rebound after election pushed M&A to four year low September 3, 2024 The City’s deals advisers are gearing up for a rebound in activity in the closing months of the year after election uncertainty pushed mergers and acquisitions (M&A) to a four-year low in June, according to fresh figures today. The value of total deals involving UK firms, as either targets or buyers, slumped to £11.8bn in [...]