Liberum Says Funds Managers See Pickup in M&A, Lists Targets
2014-07-09 05:38:59.225 GMT
By Gaurav Panchal
July 9 (Bloomberg) -- Liberum says 85% of fund managers it
surveyed in July expect material pickup in small and mid cap.
companies being taken over in next 12 months.
* Says 95% of CFOs are expecting M&A levels to increase over
next 6 months, cites Deloitte, DataStream
* Says confidence is rising, interest rates are low, organic
growth remains scarce
* M&A in U.K. indices has remained stubbornly subdued, just 1%
of FTSE 250 market cap was taken out in 2013 vs. a mid cycle
average of 4%: Liberum
* Lists most likely targets: Asos, AstraZeneca, Balfour
Beatty, Bovis Homes, Costain, CSR, HaloSource, Hyder, ITV,
Johnson Matthey, Jupiter Fund Management, Mothercare, New
Britain Palm Oil, Spectris, Syngenta, Tarsus, UBM
Link to Company News:{ASC LN <Equity> CN <GO>}
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Link to Company News:{BBY LN <Equity> CN <GO>}
Link to Company News:{BVS LN <Equity> CN <GO>}
Link to Company News:{COST LN <Equity> CN <GO>}
Link to Company News:{CSR LN <Equity> CN <GO>}
Link to Company News:{HAL LN <Equity> CN <GO>}
Link to Company News:{HYC LN <Equity> CN <GO>}
Link to Company News:{ITV LN <Equity> CN <GO>}
Link to Company News:{JMAT LN <Equity> CN <GO>}
Link to Company News:{JUP LN <Equity> CN <GO>}
Link to Company News:{MTC LN <Equity> CN <GO>}
Link to Company News:{NBPO LN <Equity> CN <GO>}
Link to Company News:{SXS LN <Equity> CN <GO>}
Link to Company News:{TRS LN <Equity> CN <GO>}
Link to Company News:{UBM LN <Equity> CN <GO>}
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To contact the editor responsible for this story:
Gaurav Panchal at +44-20-7392-0511 or
gpanchal2@bloomberg.net
2014-07-09 05:38:59.225 GMT
By Gaurav Panchal
July 9 (Bloomberg) -- Liberum says 85% of fund managers it
surveyed in July expect material pickup in small and mid cap.
companies being taken over in next 12 months.
* Says 95% of CFOs are expecting M&A levels to increase over
next 6 months, cites Deloitte, DataStream
* Says confidence is rising, interest rates are low, organic
growth remains scarce
* M&A in U.K. indices has remained stubbornly subdued, just 1%
of FTSE 250 market cap was taken out in 2013 vs. a mid cycle
average of 4%: Liberum
* Lists most likely targets: Asos, AstraZeneca, Balfour
Beatty, Bovis Homes, Costain, CSR, HaloSource, Hyder, ITV,
Johnson Matthey, Jupiter Fund Management, Mothercare, New
Britain Palm Oil, Spectris, Syngenta, Tarsus, UBM
Link to Company News:{ASC LN <Equity> CN <GO>}
Link to Company News:{AZN LN <Equity> CN <GO>}
Link to Company News:{BBY LN <Equity> CN <GO>}
Link to Company News:{BVS LN <Equity> CN <GO>}
Link to Company News:{COST LN <Equity> CN <GO>}
Link to Company News:{CSR LN <Equity> CN <GO>}
Link to Company News:{HAL LN <Equity> CN <GO>}
Link to Company News:{HYC LN <Equity> CN <GO>}
Link to Company News:{ITV LN <Equity> CN <GO>}
Link to Company News:{JMAT LN <Equity> CN <GO>}
Link to Company News:{JUP LN <Equity> CN <GO>}
Link to Company News:{MTC LN <Equity> CN <GO>}
Link to Company News:{NBPO LN <Equity> CN <GO>}
Link to Company News:{SXS LN <Equity> CN <GO>}
Link to Company News:{TRS LN <Equity> CN <GO>}
Link to Company News:{UBM LN <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the editor responsible for this story:
Gaurav Panchal at +44-20-7392-0511 or
gpanchal2@bloomberg.net