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M&A is ‘on fire’ as large-cap firms simplify, Citi U.K. CEO says
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- M&A is running hot, driven by large-cap companies simplifying their businesses and overseas buyers targeting cash-generative British assets, Citi U.K.
- Speaking with CNBC's "Squawk Box Europe" in Canary Wharf Thursday, Lee said M&A was "on fire," pointing to an ongoing push by major companies to streamline portfolios and focus on core operations.
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U.K. M&A is running hot, driven by large-cap companies simplifying their businesses and overseas buyers targeting cash-generative British assets, Citi U.K. CEO Tiina Lee has told CNBC.
Speaking with CNBC's "Squawk Box Europe" in Canary Wharf Thursday, Lee said M&A was "on fire," pointing to an ongoing push by major companies to streamline portfolios and focus on core operations.
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