Churchlow: Five of the Best M&A Plays

Legal & General Investment Management's head of active equities Robert Churchlow believes a surge in M&A activity is set to boost the UK market.

The manager of the £227m Growth trust and the £15m UK Absolute fund takes the view improved financing conditions combined with the low cost of borrowing will be key drivers. He also noted improved corporate confidence and a desire from companies to do deals with private equity will also play their parts in an increase in M&A. 1. London Stock Exchange The global exchanges sector is embarking on another round of consolidation. This makes both financial and strategic rationale for players. The failure of LSE’s own deal with TMX leaves the company looking for an alternative deal and v...