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Value of AIM takeovers booms

by LLB Editor
13th Jan 20 7:24 am

The value of takeovers of AIM companies jumped 32% last year, increasing to £2.88bn in 2019, up from £2.18bn in 2018, says UHY Hacker Young, the national accountancy group.

UHY Hacker Young says the rise in the value of AIM takeovers has mainly been driven by an increase in buyers acquiring fast-growing fintech, technology and financial services companies listed on AIM. There has also been a rebound in the value of takeovers of oil & gas companies.

The value of takeovers of fintech and technology companies listed on AIM jumped 86% last year, increasing to £907m in 2019, up from £481m in 2018. The number of takeovers of tech and fintech companies on AIM doubled from 5 in 2018 to 10 in 2019.

 

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