With low valuations, mighty foundations and access to European markets, many Great Britain shares look low-cost at a global stage. This turned out to be tempting for opportunistic bidders.

According to the latest data in the first half of this year, 74 billion pounds in the takeover offers appeared for companies listed on the list of Great Britain. About 63% of these offers came from British companies, and almost 25% came from the USA. This is a clear sign that abroad – especially American giants – are still covering British companies.

So, which Actions of Great Britain are now the goals of the takeover, but can still be worth further research if they remain independent?

ITV

Sender ITV (LSE: ITV) has long been seen as mature for consolidation, taking into account its combination of content production (via ITV Studios) and a well -known brand in Great Britain. Last year Private Equity CVC And the French group of sender TF1 studied offers, although the conversations did not progress.

But interest in the takeover can easily return. ITV earnings are growing rapidly, which is an enhance of 98.4% of the year, helped by a mighty advertising market and a stream growth. Despite this, it trades in a price -profit (p/e) price in relation to only 7.7, much below FTSE 100 average.

The company also has 6.3% dividend profitability, based on a modest payout rate of 48.3%, suggesting enough space for further payments. The high return on equity (ROE) of 22.7% indicates the effective apply of shareholders funds, while a moderate debt of 838 million GBP is conveniently covered by cash flow.

It is basic to understand why ITV remains a potential reward for larger media groups and can also be worth considering investors as an independent business.

Bishop

Oil major Bishop (LSE: BP) He tries to shake the uncertainty since the resignation of the shock of former General Director Bernard Looney in September last year. The confusion led to rumors – in particular the possible offer from the main peer Shell.

BP is not without problems. Currently, GBP 926.8 million is rotated, with a debt of $ 55 billion, which exceeds its own capital. However, free cash flows remain solid with 7.96 billion GBP, more than sufficient to support its profitability 6% dividends – even if it is not fully covered by earnings. Dividends increased for three years in a row.

For an ambitious buyer, such as Shell, BP’s breach could consolidate his dominance and unlock huge synergies of costs. But a enormous pile of debt and unpredictable oil prices make it risky, if they are not bought, so I do not think investors considered long -term.

Spectros

Engineering and instrumentation company Spectros It was the center of the auction war. In June, the American Private Equity group Advent has submitted an offer of 3.7 billion pounds, just to be pierced KKR With a proposal worth 4.4 billion pounds just a week later.

The price of the shares increased by more than 100% in three months. However, now it looks high-priced, with a p/E indicator of 17.2 and the price indicator for sale (p/s) of 3. Despite this, profitability is impressive: the net margin is 18%and ROE at 17.3%.

If it is not purchased, it may be worth looking at the withdrawal of prices.

Buy local

These actions show how underestimated and strategically attractive many actions in Great Britain remain. The auction war is usually a sign of high -quality company with a long -term value. But if not acquired, such companies often do very well for their shareholders.

As always, however, nothing is guaranteed, so diversification remains crucial.