‘The time is right to buy’

Wednesday 16th June 2010, 2:29PM BST.

MORE Guernsey businesses are likely to be bought and sold in the coming months, according to a leading local advisory manager.

Gavin Niven, pictured, manager in advisory services at KPMG in the Channel Islands, made the prediction while speaking at the company’s recent seminar on mergers and acquisitions.

He said it was likely as the economy continued to recover from the recession.

‘Mergers and acquisitions are definitely back on the agenda after a quiet couple of years.

‘We are seeing increased activity in the UK and that’s also reflected in KPMG’s advisory services practice works to maximise transaction value for buyers, sellers or those raising capital. It is currently advising local clients both buying and selling.’