TalkTalk is among the UK companies tipped as potential takeover targets, as an increase in US deals, which saw £37bn ($48bn) spent in one week, spreads to Britain. Analysts say rising US confidence and a weaker pound could help, as foreign firms look to Britain for easy takeover targets. This year has been the busiest for FTSE 100 mergers and acquisitions since 2007, said Russ Mould from investment firm AJ Bell. Global deals have reached £2.5tn so far in 2018. Some links in this article may be affiliate links. The Brexit vote was also expected to boost demand for British goods such as cars, electronics and pharmaceuticals.
TalkTalk is among the UK companies tipped as potential takeover targets, as an increase in US deals, which saw £37bn ($48bn) spent in one week, spreads to Britain. Analysts say rising US confidence and a weaker pound could help, as foreign firms look to Britain for easy takeover targets. This year has been the busiest for FTSE 100 mergers and acquisitions since 2007, said Russ Mould from investment firm AJ Bell. Global deals have reached £2.5tn so far in 2018. The Brexit vote was also expected to boost demand for British goods such as cars, electronics and pharmaceuticals.