Seymour Pierce Head of Equity Research, Jim McCafferty, was interviewed on Bloomberg TV by Paul George this morning.
His view for 2007 is that M&A activity will move down from the FTS100 and 250 into AIM. McCafferty stated that there were some promising companies ripe for take-over. While he didn't specifically mention ASOS, I would imagine the company is on the antenae of various interested parties.
I really hope it doesn't get taken over but there again a 200p share offer in March would be rather nice!
Happy Christmas everyone and thanks for putting up with my recent incessant posts. I blame it on enthusiasm.
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