Investment Banking

UK M&A soars to 20-year high as pent-up demand unleashes deal ‘tsunami’

London-listed companies have become the latest target for cash-rich companies and buyout groups looking to snap up bargains

Apple-supplier Dialog Semiconductor became the latest company to attract interest from foreign buyers after it agreed to a $6bn all-cash bid from Japan’s Renesas Electronics
Apple-supplier Dialog Semiconductor became the latest company to attract interest from foreign buyers after it agreed to a $6bn all-cash bid from Japan’s Renesas Electronics Photo: Michaela Handrek-Rehle/Getty Images

UK bankers are set for a bumper deal-making year after a frenetic start to 2021 sent the value of M&A to its highest level in two decades.

London-listed companies have become the latest target for cash-rich companies and buyout groups looking to snap up bargains and expand their footprint in overseas markets.

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