Merger and acquisition activity in offshore jurisdictions in
2018 is racing ahead of the previous, according to new research
from law firm Appleby.
The value of global offshore M&A deals in the first six
months of the year nearly matched the total recorded for the whole
of 2017, it said. But while value is up the volume of offshore
deals was down on the second half of 2017.
Appleby, in its Offshore-i report, said the Crown
Dependencies had a strong performance in the first half of the
year. The number of deals involving Guernsey targets was similar to
the latter half of 2017, while deal volume was ahead in Jersey and
the Isle of Man.
"The Crown Dependencies are making a strong showing in
2018, with investment funds and manufacturing companies featuring
prominently," said Wendy Benjamin, Group Partner at Appleby
(Guernsey). "The International Stock Exchange, which is
headquartered in Guernsey, is also reporting impressive growth in
the rate of new listings."
