The Great British Takeover Tops $60 Billion After Mitie Deal
Bloomberg 2026-07-21 09:41:15
Context: The UK stock market is experiencing a significant surge in takeover deals, with London-listed companies being acquired at a rate of over $2 billion per week. The latest deal involves Mitie Group Plc, contributing to a total value of over $60 billion in takeovers. This trend indicates a substantial loss of UK-listed companies to foreign or private investors.
Key Facts
- The UK stock market is losing the equivalent of more than $2 billion a week to takeovers of London-listed companies.
- Mitie Group Plc is the latest London-listed company to be acquired, adding to the growing total value of takeovers.
- The total value of takeovers of London-listed companies has topped $60 billion, according to Bloomberg's calculations.