Tag: after-the-shock
-
Britain avoids M&A collapse as foreign buyers go Brexit bargain hunting
By Pamela Barbaglia and Guy Faulconbridge LONDON (Reuters) – Britain avoided a collapse in mergers and acquisitions activity after the shock Brexit vote as foreign companies used sterling's spectacular devaluation against the U.S. dollar to snap up British companies, Thomson Reuters data shows. British M&A totalled $177.5 billion (145 billion pounds) in 2016, down sharply…