Acquisitions of insolvent businesses in the North West have continued to fall in the first half of 2011, according to research by Experian Corpfin on behalf of the insolvency trade body R3.
The figures show that distressed deals now account for one in ten of all mergers and acquisitions in the region, compared with one in five when activity peaked in late 2009.
During the first half of 2011, 23 out of a total of 226 acquisitions in the North West involved companies acquired out of administration or other formal insolvency procedures. This compares with 32 out of 230 acquisitions during the second half of 2010 and 22 out of 117 in the final quarter of 2009.