ONS Reports On An Increase of Foreign Acquisition of UK Firms

The Office for National Statistics (ONS) has reported that foreign companies have acquired £7.8bn worth of UK firms in the latest quarter of 2024.  This marks a rise in inward mergers and acquisitions (M&A), increasing by £1.1bn ($1.27bn) from the previous quarter.

Sharing his thoughts, Spencer West Corporate and M&A Partner James Klein states that: “It is unsurprising that certain M&A activity levels have continued over the Summer. This has been a continuing trend as overseas buyers – particularly US buyers – continue to target lower priced or more attractively-priced UK assets.

Commenting further on the increase in foreign acquisitions of UK firms, James Klein has featured in the International Accounting Bulletin.

Read the full article including James’ comments and analysis here: Foreign acquisitions of UK firms rose in latest quarter, ONS says | International Accounting Bulletin