The ONS has released data regarding mergers, acquisitions and disposals involving UK companies with values of over £1m covering the first quarter of 2011. The value of acquisitions abroad by UK companies was the highest outward investment since the fourth quarter of 2007 increasing to £18.3bn from £3.8bn in the last quarter of 2010. The investments invloved 44 acquisitions in the first quarter compared to 66 in the last quarter.
The value of acquisitions in the UK by foreign companies fell from £7bn to £6.4bn over the quarter. Expenditure by UK companies on acquisitions of UK companies fell to £1.2bn from £6.3bn in the last quarter of last year.
No comments:
Post a Comment