UK M&A activity drops 17% in 2023
UK M&A activity fell 17% in 2023 due to economic headwinds, according to a PwC Global report.
Source: investmentweek.co.uk
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PwC pitches deal-making AI chatbot to clients weeks after announcing job cuts
The Big 4 accountant had announced plans to axe 600 workers earlier this month
Source: telegraph.co.uk
M&A activity subdued in Q2 as borrowing costs rise
M&A activity was subdued during the second quarter of the year, weighed on by higher interest rates increasing the cost of borrowing.
Source: investmentweek.co.uk
Foreign takeovers tumble as interest rates scupper bargain hunt
The number of foreign buyers swooping on UK firms has tumbled sharply in the second quarter as interest rates scuppered a wave of deals.
Source: cityam.com
UK energy sector M&A activity rises to £10bn this year despite economic gloom
A flurry of business activity saw nearly £10bn of M&A deals powered by the energy sector in the first six months of 2023, according to PwC.
Source: cityam.com