Email a collegue.| Headline: | MBO's on the rise in 2004 |
| Description: | The last quarter of 2004 was record for the UK management buyout (MBO) market, according to accountancy firm KPMG.
Both the highest value and the highest number of deals in the last four years were recorded last year with an increase of 24% in value and 17% in numbers compared to the same period in 2003. Charles Milner, head of corporate finance at KPMG's private equity group, was confident that an upturn would continue. The outlook for 2005is positive with evidence of high investment activity backed up by improving market conditions and the ongoing availability of funding. |
| Date: | 03.02.2005 |
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