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Summary of recent M&A activity in London

Introduction 

Here is a summary of some of the notable M&A deals that have closed in London recently, along with the companies involved and the sectors they operate in: 
 

 
 
 
 
 
 

Deal 

 
 
 
 
 

Acquirer 

 
 
 
 
 

Target 

 
 
 
 
 

Sector 

 
 
 
 
 

EQT Exeter acquires Prologis portfolio for £5 billion 

 
 
 
 

EQT Exeter 

 
 
 
 

Prologis 

 
 
 
 

Logistics 

 
 
 
 
 

Blackstone acquires Extended Stay America for £8.3 billion 

 
 
 
 

Blackstone 

 
 
 
 

Extended Stay America 

 
 
 
 

Hotels 

 
 
 
 
 

KKR acquires American Tower for £9 billion 

 
 
 
 

KKR 

 
 
 
 

American Tower 

 
 
 
 

Communications infrastructure 

 
 
 
 
 

Carlyle Group acquires stake in Landmark Property Group 

 
 
 
 

Carlyle Group 

 
 
 
 

Landmark Property Group 

 
 
 
 

Real estate development 

 
 
 
 
 

Goldman Sachs advises on sale of portfolio of hotels to Apollo Global Management 

 
 
 
 

Goldman Sachs 

 
 
 
 

Undisclosed 

 
 
 
 

Hotels 

 
 
 
 
 

JPMorgan Chase advises on sale of portfolio of industrial properties to Blackstone 

 
 
 
 

JPMorgan Chase 

 
 
 
 

Undisclosed 

 
 
 
 

Industrial real estate 

 

These deals highlight the continued strong appetite for M&A activity in London, even in the current economic climate. Investors are particularly interested in sectors such as logistics, hotels, communications infrastructure, and real estate. 

 

Analysis 

The deals recently announced are all relatively large, suggesting that investors are still willing to make big bets on London assets. This is despite the fact that the UK economy is facing a number of challenges, including high inflation and rising interest rates. 

 

The fact that investors are particularly interested in sectors such as logistics, hotels, communications infrastructure, and real estate suggests that they are bullish on the long-term prospects of these sectors. Logistics is benefiting from the growth of e-commerce, while hotels are benefiting from the return of international travel. Communications infrastructure is essential for the digital economy, and real estate is always a popular asset class for investors. 

 

Conclusion 

Overall, the recent M&A activity in London is a positive sign for the UK economy. It suggests that investors are still confident in the long-term prospects of the UK, and that they are willing to invest in London assets. 

 

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