Quoted UK firms have been approached by potential consumers throughout sectors, with the latest examples together with the £5.4bn take-private deal of Hargreaves Lansdown and the plethora of gives obtained by Rightmove from Australia’s REA Group, in addition to offers involving Virgin Cash and Mattioli Woods.
The resurgence of takeover exercise throughout the public house may be seen as a constructive signal within the attractiveness of the UK market and its contributors.
Nevertheless, Scott McKenzie, fund supervisor of the Amati UK Listed Smaller Corporations fund, warned the phenomenon could possibly be a “double-edged s…