City of London dealmaking set to rebound as ‘dry powder’ fuels wave of takeovers, bankers say January 4, 2023 Dealmaking is set to rebound in the latter stages of this year as stored up “dry powder” and steadier markets fuel a wave of take-private deals, bankers have predicted.
Sport business predictions for 2023 with Deloitte’s Tim Bridge December 28, 2022 Deloitte’s Tim Bridge looks back on the last 12 months and makes his sport business predictions for 2023. The final whistle of the men’s football World Cup concluded an epic year for sport which included the Winter Olympics, the Commonwealth Games, the Women’s Euros, the Rugby League World Cup, as well as women’s World Cups [...]
Number of takeovers and mergers halved in 2022 but ‘bargain basement prices’ to turn tide in 2023 December 27, 2022 The number of big takeovers and mergers involving UK-listed companies nearly halved this year as investors were deterred by market volatility, political instability and recession fears. But the tide is set to turn in 2023, with buyers eyeing up quality British companies trading at “bargain prices”, experts said. There were 49 bids for London-listed firms [...]
Dealmaker’s Spotlight: Oakwell Sports Advisory December 21, 2022 | City Talk Datasite recently spoke with Alex Coral, VP, Oakwell Sports Advisory, to hear his thoughts and insights on why sport and its related assets remain a popular investment, even during a downturn. Oakwell is a dedicated corporate finance and strategic consultancy boutique that advises sports rights holders and investors on commercial strategy, financing options, and valuation. [...]
Toshiba’s prospective buyer mulls reducing £13bn bid after weak earnings December 18, 2022 The prospective buyer of Toshiba is reportedly mulling the decision to lower its bid for the Japanese tech giant. Japan Industrial Partners (JIP) secured 2.2 trillion yen (£13.23bn) for Toshiba from four Japanese banks on Friday. However, local business newspaper Nikkei reported yesterday that Toshiba’s weaker than expected earnings may knock some value off the [...]
M&A slumps as UK dealmakers sit out rocky markets December 6, 2022 Mergers and acquisitions in the UK have slumped back to pre-pandemic levels this year as dealmakers play the waiting game amid wild swings on the markets, official figures have revealed. A total of 459 domestic and cross-border deals were completed in the third quarter of the year, nine down on the previous quarter and 159 [...]
Dealmaker’s Spotlight: Hannam & Partners November 22, 2022 | City Talk Datasite recently spoke with Sam Merlin, Partner at Hannam & Partners, to hear his thoughts and insights on the energy sector and what lies ahead for the market and dealmaking. Hannam & Partners is a leading independent investment bank with expertise across the energy, mining, and financial services sectors. Owned by its partners, Hannam & Partners [...]
UK law firms hit harder by global economic headwinds than US rivals November 17, 2022 Law firms worldwide have seen demand for their services slow over the first half of 2022, according to new research. US law firms are however seeing stronger growth than their British and Australian rivals, the research from Thomson Reuters shows. The situation has seen demand for US law firms’ services continue to grow over [...]
Deals down: Second quarter mergers and acquisitions slumps back to pre-pandemic levels September 6, 2022 The number of deals through mergers and acquisitions in the UK plunged in the second quarter of the year as market volatility sparked by war in Ukraine spooked dealmakers. There were 333 deals completed between April and June this year, a drop of 116 compared to the previous quarter and 167 fewer than the same [...]
Dealmakers circle British firms as UK tops inward investment August 4, 2022 International dealmakers have set their sights on British firms this year with the UK now the top target in Europe for inbound and domestic investment, research today reveals.