Don’t be fooled by London’s takeover premiums
The article says US IPOs from Anthropic, SpaceX and OpenAI could change S&P index composition. In London, it reports more overseas takeover bids for FTSE firms: Intertek accepted EQT’s £10.6bn offer after rejecting earlier bids; Tate & Lyle received £2.7bn from Ingredion; Treatt accepted £183mn from Döhler; Senior agreed a £1.4bn deal led by Tinicum and Blackstone. It links reduced listings and liquidity concerns to weaker funding access.
