Deals
Post-Brexit U.K. Spawns M&A Bargain Hunters, Pound Evacuees
- Clients are asking bankers to scour the FTSE for deals
- ‘The money is there’ for deals like Melrose’s Nortek purchase
How Is Brexit Vote Impacting the Markets?
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Tourists aren’t the only ones flocking to Britain for bargains.
In the wake of the country’s June 23 vote to leave the European Union, the U.K.’s stocks and currency dropped, presenting an attractive prospect to global buyers looking for cheap assets and giving local businesses an incentive to reduce their exposure at home.