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Company takeovers hit new high as pandemic plundering continues

Scale of pandemic plundering by non-public fairness giants laid naked by figures displaying document £289bn value of UK firm takeovers this 12 months

The scale of pandemic plundering by non-public fairness giants is laid naked by figures displaying a document £289billion value of UK firm takeovers this 12 months. 

That is nearly double final 12 months’s £146billion, with the variety of offers up 45 per cent to 1,911. 

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Low rates of interest and dented inventory market values left companies such as Morrisons, Asda and G4S as targets. 

Record: Research by specialist law firm Forsters showed the takeover market roared back to life in 2021 despite the pandemic

Record: Research by specialist regulation agency Forsters confirmed the takeover market roared again to life in 2021 regardless of the pandemic

The Daily Mail has campaigned in opposition to pandemic plunderers, highlighting their historical past of job-cutting, asset-stripping and debt-loading. 

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Research by specialist regulation agency Forsters confirmed the takeover market roared again to life in 2021 regardless of the pandemic. 

Not the entire 1,911 offers concerned non-public fairness however companies taken over included Morrisons, which was purchased by Clayton, Dubilier & Rice for £7billion. 

Other companies that fell to non-public fairness embrace the AA, Aggreko and Signature Aviation.

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