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London market diversity under the microscope as consolidation continues unabated

City of London

The London market is in danger of becoming too consolidated as a result of the current M&A wave, commentators have warned, with market diversity dependent on small start-up businesses emerging in the coming years.

The current market trend for M&A megadeals continued last week with Japanese insurer Mitsui Sumitomo Insurance Company acquiring Amlin for £3.47bn - 2.4 times the London-headquartered company's

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