43. Royals, cheese and home improvements

The Canadians haven’t just gained an (ex) Royal couple recently, they’ve also bought some of our cheese: Saputo bought Dairy Crest – maker of Cathedral City cheddar and Country Life butter recently in a near £1 billion deal. James Baker, manager of MI Chelverton UK Equity Growth tells us why we may see more mergers and acquisitions of UK companies this year.

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MI Chelverton UK Equity Growth invests in small and medium-sized businesses in the UK. The fund targets cash generative companies capable of funding their own growth. Since the general election last year, its manager has been investing more in domestically-facing companies like Topps Tiles, DFS Furniture and Ten Entertainment.

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