Geopolitical ructions and rising interest rates have seemingly failed to stem the appetite for global takeover activity according to analysis from consultants Earnest & Young (EY).And the UK financial services industry recorded a seven-year high of 136 deals in in the first half of 2022, although their £8.6 billion combined value was 18% down on 2021 levels.While a recent survey of UK M&A...

-M&C Saatchi shares continue to rise-AdvancedAdvt believes Next15 bid fails to reflect synergy potential-A higher offer price may be requiredShares in advertising agency M&C Saatchi (SAA) continued to be in demand on Monday rising 1.6% to 216p.This follows today's news that AdvancedAdvt (ADVT) the acquisition vehicle headed by serial software entrepreneur Vin Murria, believes Next Fifteen...

Major shares in London opened higher on Thursday, albeit modestly, lifted by earnings from energy and consumer companies as investors braced for an expected second consecutive rate hike by the Bank of England.At 9am, the benchmark FTSE 100 is 0.1% up at 7,590.86, led by Compass (CPG), while BT (BT.A) checked further progress. Mid-caps remain under pressure, the FTSE 250 losing 0.25% at...

The FTSE 100 closed higher on Friday, ignoring declines in US stocks as inflation, looming interest rate hikes and weak jobs report spooked investors across the pond.At the close, the UK benchmark index had rallied 0.47% to hit 7,485.28, although the mid-cap FTSE 250 lost further ground, down 0.27% to finish at 23,353.25.'Although today's jobs report shows yet another disappointing top line...

Shares in media agency M&C Saatchi (SAA) jumped over 8% to 204p, after the firm confirmed recent press speculation that it has received a preliminary approach from AdvancedAdvt (ADVT), the acquisition vehicle headed by serial software entrepreneur Vin Murria, who is also a Saatchi director.Murria's extensive career has predominantly been based around mergers and acquisitions in the software...

Investors have an opportunity to ride the value creation coattails of Vin Murria, the serial software sector entrepreneur who has twice made a packet for shareholders.Murria will chair AdvancedAdvT (ADVT), a so-called SPAC (special purpose acquisition company) which has raised £130 million from investors with a remit to target mid-sized privately-owned software businesses. She is expected to...