Twitter LinkedIn
    Tuesday, March 21
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Deals & Transactions»UK deal making scales to 14-year high as PE firms scramble to deploy dry powder
    Deals & Transactions

    UK deal making scales to 14-year high as PE firms scramble to deploy dry powder

    December 30, 2021Updated:December 30, 20211 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    Private equity firms scrambling to deploy a wave of dry powder amassed before the Covid-19 crisis has lifted UK takeovers to their highest level in 14 years, reveal new figures released today.

    The overall value of deals involving UK companies jumped 10 per cent to $630.8bn this year, the highest print since 2007, according to data from Refinitiv.

    British supermarket giant Morrisons was purchased by US private equity giant Clayton, Dubilier & Rice for £7bn this year.

    In total, private equity firms launched 781 takeovers targeting British businesses this year, the highest since records began in 1980, worth just over $85bn.

    Read more/Source: City A.M.

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    deals PE Insider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Thyssenkrupp shares move higher on report of CVC interest in steel unit

    March 21, 2023

    BlackRock Not Working on Rival Bid for Credit Suisse

    March 18, 2023

    University of California invests $4 bn in redemption-stricken REIT

    January 3, 2023

    Euroclear moves into $9.8 trillion private asset market with Goji buy

    December 21, 2022

    Comments are closed.

    Other Articles

    Target Pledges to Buy $2 Billion in Black-Owned Brands by 2025

    April 9, 2021

    Lakeshore Capital holds final close of Fund II at USD150 million hard cap

    April 12, 2021

    Pemberton supports Carlyle-backed Cupa’s bolt-on acquisitions

    April 7, 2021

    Oracle to buy Cerner for $28.3 bln in healthcare sector push

    December 20, 2021

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2023 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.


    Lost password?