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Can the UK's M&A frenzy continue?

We are not yet halfway through 2018 and already five of the holdings in the Jupiter UK Growth Fund have been taken over or received formal bid approaches: GKN, Zoopla, CityFibre, Virgin Money and Inmarsat. Given the fund only holds 37 positions, that is an unusually high hit rate, certainly the highest in any of the eleven years I have been working on the fund. Why has this happened, and can it continue?

Tags: UK, M&A

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