Mergers & Acquisitions in December 2014
The month of December saw 275 acquisitions of UK based companies publicly announced – a relatively strong end to the calendar year.
The highlight of the month was the announcement that Aviva and Friends life Group had entered into a formal agreement. The deal which is subject to court, regulatory and shareholder approvals, would value the company at more than £5.2 billion.
Another notable deal to be announced in December is that Bravofly Group of the Netherlands entered into a binding agreement to acquire lastminute.com for $120 million. The deal is expected to be completed in Q1 of 2015.