In the City broker's latest UK M&A report, Charles Hall described the pace of «de-equitisation» in the market as «relentless», and said it was due to continue given the low valuations of UK companies. The impact of the scale of de-equitisation was most evident in the FTSE SmallCap sector, Hall said, with the trend over the past five years showing a significant reduction in the number of companies. London remains 'key destination' for IPOs From 160 companies at the end of 2018, this has been reduced to 114 by December 2023. Based on the current bids progressing, this will reduce t...
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