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International Business Times UK
International Business Times UK
Business
Jastine Beatrice Yap

UK Mergers and Acquisitions Witness 33% Decline, Lowest Levels Since 2009

The decline can be attributed to escalating interest rates and apprehensions regarding the economic outlook in Britain. (Credit: AFP News)

The United Kingdom is grappling with a notable downturn in mergers and acquisitions (M&A) activity, recording a 33 per cent decline and reaching its lowest point since the aftermath of the 2008 financial crisis.

The decline can be attributed to escalating interest rates and apprehensions regarding the economic outlook in Britain, which have dampened the enthusiasm of potential buyers.

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