LONDON, Aug 3 (Reuters) - Takeovers of British companies by
value hit a 14-year high in the first seven months of 2021, data
from Refinitiv showed, and there is no sign the buying spree is
slowing after U.S. companies targeted a leading supermarket and
defence groups.
The total value of UK deals in the seven months was $198
billion, more than three times the level in the same period last
year, which included the onset of COVID-19, the data showed.
Deals involving a British target totalled $34.9 billion in
July, 5% less than June, but more than seven times the value
recorded in July 2020.
(Reporting by Paul Sandle and Abhinav Ramnarayan; Editing by
Kate Holton)
