Regent News and Events
There were 274 deals announced in the European TMT sector in December which was an increase after a slowdown in November but still 6% below the monthly average for the year. The aggregate deal value increased to $27 billion, boosted by the Sky deal. Valuation multiples in terms of the Price/EBITDA ratio increased from 8.7 to 8.8 and the Price/Sales ratio was unchanged at 1.3. Listed technology companies, as represented by the UK TechMark index, gained 3.7% in December.
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