Burberry in Focus as UK Dominates European M&A Targets in Survey

British companies including Burberry Group Plc dominate the ranks of European listed firms tipped as potential takeover targets, with discounted UK equity valuations making them increasingly enticing to buyers.

London stocks account for about 60% of companies mentioned in an informal survey of 44 risk-arbitrage desks, traders and analysts conducted by Bloomberg News in July. The trenchcoat maker was the most popular, picked seven times.