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'Mini-boom' in M&A activity expected for 2010

15 December 2009

Experts in the banking industry are predicting a 'mini-boom' in the UK mergers and acquisitions (M&A) market next year, it has emerged.

The Times cites Morgan Stanley's December forecast for M&A activity, which has noted that a recent increase in liquidity is likely to create favourable circumstances for deal-making in 2010.

Simon Smith, head of investment banking at Morgan Stanley UK, told the newspaper that many companies scheduled for flotation in the new year could end up being sold instead as economic conditions improve.

"[The] listing process can also be a trigger for a buyer to come forward and present a compelling alternative," he explained.

"We therefore expect increasing M&A on the back of the listing process."

Last week, Reuters reported that research firm Sanford Bernstein expects global M&A activity to rise by up to 35 per cent next year.

Analyst Brad Hintz told the news agency that financial services will continue to be the most active business sector in terms of M&A.

Categories: Financial Services


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