http://www.business-sale.com - Research into international M&A activity by KPMG has revealed that the number of acquisitions made by UK firms this year has left 'big growth' countries trailing behind.
British companies recorded 232 acquisitions of international companies in 2010, marking a big shift in the merger and acquisition market.
International acquisitions by Chinese firms were just 38 per cent of UK levels in the second half of this year, whilst Indian acquisitions were under 19 per cent of UK levels.
Senior partner for KPMG in Scotland, Craig Anderson, predicted that UK energy firms and consumer businesses will see the highest M&A levels in 2011.