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European private equity in review: Analysing the merry-go-round

Secondary buy-outs have become the defining feature of the European mergers and acquisitions landscape in the first half of 2003, according to mergermarket's European Private Equity in Review. The volume of secondary buy-outs is nearly three times the average level seen since the beginning of 2000.

The survey also found that the UK experienced the most private equity activity in the first half of the year, completing significantly more deals than any other European market. But in terms of value the UK was far less dominant.

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