With expectations that the UK Chancellor of the Exchequer is to raise capital gains tax later this afternoon in his emergency Budget, it should not be a surprise that there has been a bit of a surge in buyouts as investors look to cash out a potentially lower tax threshold. In fact, June has already become the busiest month for buyouts for five months, according to Dealogic.

UK buyouts so far in June have risen by value to just above $2bn (€1.6bn), according to the data provider, the highest since the $2.6bn of deals signed in January this year.