I was expecting dealmaking the UK to roar back into life after Summer. But it's unusually quiet in the UK M&A market at the moment, with only just a couple of mid-market deals knocking around, such as Greene King's £700m bid for Spirit.
Henrik Aslaken, though, is still reasonably bullish about dealmaking. The head of M&A at Deutsche Bank just told the Financial Times: "we haven't seen the hubris in the boardroom yet, with no outsized megadeal being announced. So it feels like there is another leg to this upcycle."
This may turn out to be true but Andrew Hill, over at Financial Times, has just written an amusing piece on the topic. If your interested in M&A, its definitely worthwhile a read:
http://blogs.ft.com/businessblog/2014/10/bankers-boasts-hubris-and-megadeals/
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