Regent News and Events
European TMT deal flow was slightly lower in October but remains around 300 transactions per month. The aggregate value was boosted by the $47b NXP deal. Valuation multiples were almost unchanged with the Price/Sales ratio staying at 1.5 and the Price/EBITDA ratio up to 9.5 from 9.4. Listed technology companies, as represented by the UK TechMark index, had a poor month with a fall of 3.4% in October.
Click here for the full monthly briefing.