UK Market could see more bids after fall in Pound

My article in Herald. Recent weeks have seen a pick-up in bids and new issues. The big US bids for Heinz and Dell are a trend that could be repeated in the UK. The weak pound also makes British businesses attractive to overseas investors. Major US groups now find it much cheaper to bid for a UK-listed business, and the extremely low cost of finance could make even large deals possible. The enormous scale of the recent US bids suggest few British companies would be too big to buy. The stock market recovery is also encouraging new issues. There is pressure on banks to sell assets, and private equity funds need disposals to pave the way for new fund launches. The pick-up in bids, deals and restructuring is an encouraging sign for business confidence, and should help the stockmarket.

This article is for informational purposes only. The opinions in this article are the author’s own. The information presented in this article has been obtained from sources believed by the author to be reliable, however, he makes no representation as to their accuracy or completeness and accept no liability for loss arising from the use of the material.

One Response to “UK Market could see more bids after fall in Pound”

  1. Stephen, Thanks for your comments- it’s always encouraging to get feedback

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