Takeovers backed by private equity in Britain are running far ahead of last year's totals, despite a decline in activity in the second quarter, a report said Monday.
The Center for Management Buy-out Research at Nottingham University said that 87 takeovers worth 7.9 billion pounds ($11.9 billion) were completed in the first half of the year. That compares to 120 deals worth 4.7 billion pounds in all of 2009.
The strong figures for this year were driven by a busy first quarter, when the total value was twice as large as in the second quarter.
"With volatility in global equities, a looming general …
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