Here in the UK, we have seen a massive M&A wave in 2021. Thanks to private equity firms flush with cash, low valuations for UK companies and a relatively cheap Sterling vs the US Dollar, UK small and mid-cap companies have been targeted left, right, and centre. Apart from the usual concerns about foreign takeovers of strategically important businesses, this has also rejuvenated the age-old business of predicting, which company is going to be the next takeover target.
"Professional fund managers........use more sophisticated analysis." haha that's what they tell us but we know the truth!
From this study can we conclude that we're playing the game backwards by looking for potential targets? That's like going into the woods and trying to work out which deer the hunter will shoot at. We should study the hunter's actions and movements to work it out, and thus look at the acquirer more closely.
"Professional fund managers........use more sophisticated analysis." haha that's what they tell us but we know the truth!
From this study can we conclude that we're playing the game backwards by looking for potential targets? That's like going into the woods and trying to work out which deer the hunter will shoot at. We should study the hunter's actions and movements to work it out, and thus look at the acquirer more closely.