Companies seeking to “bulk up” to offset the uncertainty caused by Britain’s looming EU exit helped to spur a near doubling of domestic mergers and acquisition activity this year, according to Thomson Reuters data.The volume of UK domestic deals surged to $68 billion (51 billion pounds) from $34.3 billion in 2016 as the number of deals between British groups jumped from 1,480 to 1,681, the highest level since 2008, the data show.They included online gambling company GVC’s purchase of bookmaker Ladbrokes Coral for as much as 3.9 billion pounds and Hammerson’s 3.4 billion pound acquisition of rival shopping centre operator Intu Properties.
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