UK M&A to Take Off in 2024 as Survey Sees Transformational Deals

Takeover deals will pick up in the UK this year as British companies and institutional investors are optimistic about the outlook for acquisitions, a survey by investment bank Deutsche Numis showed.

Almost nine out of 10 UK corporates see a positive picture for M&A in 2024, with larger transactions expected. Nearly a quarter of the survey’s respondents are more likely to go after “transformational” deals, double last year’s figure, reflecting growing confidence as market conditions improve.

“Both UK corporates and investors are starting the year with a sense of positivity on M&A,” said Stuart Ord, co-head of M&A at ...