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February 2011 - Monthly Briefing

Acquisition activity slowed somewhat in February but it was no more than is usually seen after the normal turn-of-the-year deal flow. There were 210 acquisitions of European technology companies in the month – the same as in February 2010. The combined value of deals jumped because of some substantial telecoms transactions to $22b. The valuation multiples have remained reasonably stable for some time, giving confidence to both buyers and sellers.

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