The UK has seen a surge in mergers and acquisitions, with recent deals pushing the total to $160 billion, despite expectations of a slowdown under the new Labour government.
Aviva Plc has made headlines with a £3.3 billion ($4.2 billion) bid to acquire Direct Line Insurance Group Plc, marking a significant move in the insurance sector.
Macquarie Asset Management has also announced its intention to purchase Renewi Plc for approximately £701 million. These developments highlight the UK's continued prominence as a leading destination for European dealmaking.