It feels like there will be quite a lot of corporate activity this year. It is only February and there has already been a fair amount. We have a number of clients who have specifically mentioned that they are looking for portfolios or corporate acquisitions as a way of gearing up quickly in size or to find value.
Norges rivals Lee with £245m Shaftesbury buy By David Hatcher22/02/2018 | Investment/financePrintDownloadShare Norges Bank Investment Management has bought out Invesco’s stake in Shaftesbury to build a more dominant position in the company, narrowing the gap with its biggest shareholder Sammy Tak Lee. The Norwegian sovereign wealth fund and second largest shareholder bought the 8.2% stake of the previously third largest shareholder at £9.70 per share. Norges now holds 20.86%.