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Corporate takeovers have reached new heights as the pandemic looting continues


The scale of the pandemic looting by private equity giants revealed by figures showing the £289 billion worth of UK corporate takeovers this year.










The scale of the pandemic looting by private equity giants has been revealed by figures showing a record £289 billion worth of UK corporate takeovers this year.

That’s nearly double last year’s £146 billion, with the number of deals increasing 45 per cent to 1911.

Low interest rates and influential stock market values ​​have left companies like Morrisons, Asda and G4S as targets.

The Record: Research by specialist law firm Forsters shows the takeover market is back to life in 2021 despite the pandemic

The Daily Mail has campaigned against pandemic looters, highlighting their history of job cuts, asset stripping and debt loading.

Research by specialist law firm Forsters shows that the takeover market has come back to life in 2021 despite the pandemic.

Not all of the 1,911 deals included a private equity deal, but the companies acquired included Morrisons, which Clayton, Dubilier & Rice bought for £7 billion.

Other companies that have fallen in private equity include AA, Aggreko and Signature Aviation.

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