ZaksTradersCafe M&A
With the UK market, tariffs news permitting, at its best levels, we have seen a sharp pick up in M&A stories, both in the UK and abroad. Indeed, the highlight of late was ironically what turned out to be the denied story published by the Wall Street Journal a couple of weeks ago, regarding a possible merger between BP / Shell. This may have been a failed story, but it does underline the way that M&A is back. Indeed, it may be the case that we are only at the foothills of what is set to happen, especially if a bull market has already begun. Therefore, there will be a new section on this website focusing and reporting on M&A.
This has already had a win here with a profile on July 3 of US business process management company WNS Holdings (NYSE: WNS) could be the subject of a takeover after the deal fell over in the way of the stock market tariff slump. Sure enough, on July 7 a deal with Capgemini was confirmed. UK payments solutions company Boku (BOKU) has also been highlighted here from 195p versus 214p, something which underlines that even if a company is not subject to a deal it is very likely to be an outperformer anyway. Of course, our friends at outlets such as Bloomberg, Sky News, Reuters et al like to think that they have a monopoly on M&A stories.
But most of those who break the stories do not have 35 years knowledge of the field, and perhaps do not have the ability to sort out the wheat from the chaff. For instance, in the aforementioned BP/Shell, the WSJ should have known that in breaking the story, they most likely killed it, for now. Many of the biggest deals effectively have a clause that if the story leaks before the deal has been completed, it is binned.
