Although it has traditionally been the quietest period for deals, many Scottish advisers won’t have strayed too far away from being able to jump on a Zoom or Teams call this summer.
With much of the negotiating and finalising of transactions now being handled virtually, a quick and productive online meeting will have helped get many deals over the line during what was a busy third quarter.
The period saw the announcement of some of 2021’s largest deals so far, including energy giant SSE’s £1.2bn disposal of its 33.3% stake in gas distribution operator Scotia Gas Networks.
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