The UK stock market is experiencing a loss of over $2 billion per week due to takeovers of London-listed companies, with Mitie Group Plc being the latest acquisition. This contributes to a total of $60 billion in takeovers, dubbed the 'Great British Takeover'. The trend indicates a significant outflow of UK assets to foreign buyers, raising concerns about the health of the London stock market.
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Loss of more than $2 billion per week from takeovers
Mitie Group Plc is the latest name to be snapped up.
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The UK stock market is losing the equivalent of more than $2 billion a week to takeovers of London-listed companies.
BloombergThe UK stock market is losing the equivalent of more than $2 billion a week to takeovers of London-listed companies, with Mitie Group Plc the latest name to be snapped up.
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The UK stock market is losing the equivalent of more than $2 billion a week to takeovers of London-listed companies.
BloombergMitie Group Plc is the latest name to be snapped up.
Bloomberg