Reported about 8 hours ago
American investors are eyeing three UK companies, with a total value exceeding £5bn, as British firms experience plunging share prices, making them takeover targets. Notable deals include Alphawave's $2.4bn acquisition by Qualcomm, Oxford Ionics' $1.1bn deal with IonQ, and a potential £3.7bn offer for Spectris from Advent. This trend highlights the challenges faced by the UK tech sector as more companies consider moving to US markets for better valuations and liquidity.
Source: YAHOO