COVID-19 - We are open for business and here to help ->

Translate this site

enzh-CNzh-TW

Covid-19 Update

The welfare of our clients and staff is always a key priority for Raeside Chisholm. In light of the current circumstances, we are continuing to offer a full range of services, but we are working remotely. You can contact us on 0141 248 3456 and one our solicitors will call you back if necessary, or you can contact us by email.”

Raeside Chisholm Solicitors

The directors of Raeside Chisholm are experienced solicitors who enjoy a deserved reputation in Glasgow and beyond for personal attention allied to a commitment to outstanding levels of quality legal services. For enquiries, please contact us on 0141 248 3456.

Figures Reveal Fall in M&A Activity

Recent figures from the Office for National Statistics have revealed a marked decline in the number and value of successful mergers and acquisitions (M&A) involving UK companies during the second quarter (April to June) of 2016, when compared to the first quarter.

The figures show that there were a total of 87 successful domestic and cross-border mergers, acquisitions and disposals involving UK companies worth £14.0 billion in Quarter 2 2016. In comparison, Quarter 1 saw 190 successful transactions valued at £69.0 billion.

Domestic acquisitions (UK companies acquiring other UK companies) during Quarter 2 2016 saw 47 completed acquisitions worth £5.9 billion, down 50% from the number reported in Quarter 1 2016 (95 acquisitions worth £11.8 billion).

There were 20 completed inward M&A transactions (foreign companies acquiring UK companies) valued at £6.3 billion in Quarter 2 2016, down 61% from 52 successful inward M&A transactions valued at £50.3 billion seen during Quarter 1 2016.

Quarter 2 2016 saw 16 successfully completed acquisitions of foreign companies abroad made by UK companies (outward M&A) worth £1.7 billion, compared with 35 valued at £6.1 billion during Quarter 1, a decline of 54%.

The findings of the ONS are broadly in line with those of other reports covering the same period, suggesting that M&A activity fell in the run up to the Brexit referendum.

The Bank of England’s Agents’ Summary Report for Quarter 2 2016 reported that business investment intentions for the year ahead were little changed and pointed to modest growth in investment. Business services and contacts reported reductions overall in corporate deal-making activity, as some planned mergers and acquisitions and corporate finance activity had been paused or cancelled.

Similarly, a report by Deloitte into the impact of Brexit on M&A activity found that since the beginning of 2016 both global and UK M&A markets had been slowing down.

Contains public sector information licensed under the Open Government Licence v3.0.

Contact Us

For expert legal advice on the issues discussed here, or any other commercial law matter, then contact our experienced commercial lawyers today.

Date Nights Can Reduce the Risk of Divorce
Agreement Reached in Celebrity Custody Dispute

Related Posts

By accepting you will be accessing a service provided by a third-party external to https://www.raesidechisholm.co.uk/

Online Enquiry

  1. Name(*)
    Please let us know your name.
  2. Email(*)
    Please let us know your email address.
  3. Daytime Tel. No.
    Please enter your daytime telephone number.
  4. Subject(*)
    Please write a subject for your message.
  1. Message(*)
    Please let us know your message.
  2. Please tick below for antispam verification (*)
    Invalid Input

Latest News

25 September 2020
Estate Agency
Notwithstanding the further restrictions imposed earlier this week, you are still allowed to move home.  However, the process of finding and moving into a new home is likely to be different, as all of those involved in the process will need to a...
08 September 2020
Estate Agency
If you were considering buying your first home before the coronavirus pandemic, we understand you may feel confused and unnerved at the prospect of starting your search again. With cautious lenders and many buyers and sellers dealing with a change of...
11 August 2020
Estate Agency
The number of house hunters as soared since the lockdown restrictions have been lifted and since the announcement with regard to Land & Building Transaction Tax relief. Whilst this applies throughout the UK a recent analysis of data provided by C...
29 July 2020
Raeside Chisholm Solicitors News
Family Law
The organisation Shared Parenting Scotland which supports family members who are not resident with a child in maintaining contact, have raised a number of concerns with Lord Carloway, the Lord President of the Court of Session, including concerns ove...
13 July 2020
Estate Agency
We had promised in Friday’s blog to update you as soon as there was further news in connection with the tax for Scottish homebuyers.  It has now been announced that the changes referred to in our previous blog will begin on Wednesday 15th July a...
10 July 2020
Estate Agency
The Scottish Finance Secretary, Kate Forbes, yesterday announced a temporary cut to the Land and Building Transaction Tax charged on house purchases and extra support for first-time buyers. At present, the starting point for Land and Building Transac...

As featured in

Latest Tweets

Connect with us

Recent Client Comments