Research by the Evening Standard and investment bank Peel Hunt shows that companies worth over £26 billion have already agreed to be sold in 2024, to other listed firms or private equity.
That comes alongside a combined value of £38 billion for firms shifting their main listing abroad.
And Anglo American today rejected the biggest takeover offer so far, saying BHP's £31 billion bid "undervalued" the firm and was "opportunistic".
Including the current headline figure from that deal takes the total in market capital involved in the exodus to £95 billion. City experts are on watch for an increased bid from BHP.
Another multi-billion deal struck was today, for cybersecurity firm Darktrace.
This story is from the April 26, 2024 edition of Evening Standard.
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This story is from the April 26, 2024 edition of Evening Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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