The scale of pandemic plundering by private equity giants is laid bare by figures showing a record £289billion worth of UK company takeovers this year.
That is almost double last year’s £146billion, with the number of deals up 45 per cent to 1,911.
Companies such as Morrisons as well as Asda, G4S and Asda became targets because of low interest rates.
Record: Forsters specialist law firm revealed that in spite of the pandemic, the takeover markets roared back into life in 2021.
The Daily Mail has campaigned against pandemic plunderers, highlighting their history of job-cutting, asset-stripping and debt-loading.
Forsters, an expert law firm, found the takeover market was alive and well in 2021 despite the pandemic.
Not all of the 1,911 deals involved private equity but firms taken over included Morrisons, which was bought by Clayton, Dubilier & Rice for £7billion.
Private equity also took over other firms like Signature Aviation, Aggreko, and AA.