Surge in bumper deals helps UK M&A regain its mojo
(Getty Images)
After a slow start to the year UK M&A has bounced back after a surge in mega deals saw activity soar 80 per cent.
M&A with UK involvement has totalled £429.8bn so far this year, 80 per cent more than the value recorded in 2019 according to research by data provider Refinitiv.
A staggering 21 mega deals have been announced so far this year, more than double the number last year.
It is particularly impressive given activity came to a near standstill after the first lockdown, with activity resuming only once lockdown restrictions eased over the summer.