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British M&A activity at lowest since 1987 last year

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The number of British mergers and acquisitions fell to the lowest point since 1987 last year despite a flurry of takeover attempts dominating the headlines. The figures from the Office for National Statistics have stunned the City, with many industry sources saying the totals were worse than feared. There were just 173 acquisitions of UK companies by other UK companies last year, 27% less than the 238 in 2013.

 

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