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More money was spent on M&A transactions in Jersey than any
other offshore jurisdiction in the first half of 2018 and the Isle
of Man experienced a 38% increase in the number of local M&A
transactions in the first half of 2018 when compared to the final
six months of last year.
Deals targeting Jersey-incorporated companies accounted for
nearly one-third of the value of all offshore transactions in the
first half of the year. The Crown Dependencies are making a strong
showing in 2018, with investment funds and manufacturing companies
featuring prominently. The International Stock Exchange, which is
headquartered in Guernsey, is also reporting impressive growth in
the rate of new listings" said Wendy Benjamin, managing
partner of Appleby's Jersey office and group partner of
Appleby's Guernsey office.
Collectively, the Crown Dependencies showed a strong preference
for domestic deals in the first half of 2018, demonstrating faith
in the local economies and a recognition that there are local
targets worth investing in." said Faye Moffett, managing
partner and group head of the Corporate Department in Appleby's
Isle of Man office.
The latest edition of Offshore-i, an Appleby report that
provides data and insight on merger and acquisition activity in the
major offshore financial centres, focuses on transactions announced
over the first half of 2018. Click here to access the report.
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