November 2026 - Reports

Insights into UK Public M&A activity (October)

Our October UK Public M&A Update – a concise monthly summary highlighting key trends and activity within the UK public M&A market.

This month’s UK Public M&A Update offers an informed overview of deal activity and insights on recent trends.

 

Key highlights this month:

 

  • New public M&A activity slowed in October, with just 3 PLCs entering an Offer Period
  • There were 30 companies in an Offer Period at the end of October, trending ahead of the five-year average (29).
  • Small cap companies remain in focus, with 68% in an offer period having an undisturbed market cap below £500m.
  • Overseas acquirers continue to drive UK PLC M&A activity, representing 80% of disclosed bidders in October, the highest level in 12 months.
Download the October Report
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