UK plc â€˜going for a songâ€™
Document can be downloaded here: UK plc â€˜going for a songâ€™
xBeing a shareholder in a company that receives a juicy takeover offer is a marvellous feeling. Something that many fortunate investors have experienced over the past 3 years. Thanks to a spate of M&A bids by deep pocketed overseas buyers – partly triggered by the June 2016 Brexit result, which sent the Â£ tumbling and adversely affected the FTSE.
Consequently today, given this trend is unlikely to end anytime soon, weâ€™ve highlighted 30 possible acquisition ideas in the attached research paper. Spilt equally between large and smallcap stocks â€“ covering a broad selection of industries.
Whatâ€™s more we believe most of these businesses are underpinned by strong fundamentals and substantial upside in the event of predatory interest.
According to Factset Mergerstat/BVR, the average bid premium paid for such deals between 2004-14 was 30% – with the figure trending upwards since the global financial crisis.
ED clients mentioned in this report: Gattaca (AIM: GATC), Rosslyn Data Tech (AIM: RDT), Kromek (AIM: KMK), ClearStar (AIM: CLSU), Elecosoft (AIM: ELCO), Northbridge Industrial (AIM: NBI) and Blancco Technology (AIM: BLTG). Happy investing.