Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Jump to content

US EditionChange

UK EditionAsia EditionEdición en Español
Sign up to our newslettersSubscribe: $6 for 6 months
More
Best
Climate
TV

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

Acquisitions record

Wednesday 07 January 1998 00:02 GMT
Comments

Acquisitions record

British companies spent a record pounds 8.7bn last year on 226 European acquisitions, according to Acquisitions Monthly. Commercial Union's pounds 201m bid for Union Financiere de France-Banque and BT's pounds 280m purchase of a stake in Telefonica de Espana were two of the largest deals. At the same time, European companies paid pounds 7.1bn for UK companies - against just pounds 4.8bn in 1996.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in