Brexit uncertainty has put floats and takeovers on hold, KPMG says

Discussion in 'Market News' started by Lily, Jul 6, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Accountancy firm also warns British companies could become prey for foreign predators in wake of referendum result

    Uncertainty sparked by the Brexit vote is causing companies around the country to put a freeze on stock market flotations and attempted takeovers, according to one of the leading advisers in the field.

    British companies could also become prey for foreign predators, according to accountants at KPMG, which on Wednesday appointed a partner to take on the newly created role as head of Brexit.

    Related: Brexit fears hit FTSE 250 again as pound slides below $1.30 - business live

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