AIM: Back in Favour?

The Close Brothers Business Barometer conducted a survey of more than 600 small and medium-sized enterprises (SMEs) based in the UK, finding that the Alternative Investment Market (AIM) for small UK businesses is set to double. The survey also determined that 90 percent of SMEs had already been trading on AIM, with 43 percent calling the impact of AIM trading "significant."

Faegre Baker Daniels partner Melanie Wadsworth, whose practice focuses on corporate finance transactions including mergers and acquisitions, and initial and secondary offerings on UK securities exchanges, authored an article for Director of Finance on how AIM transactions have become more favorable for SMEs. Wadsworth noted that the abolition of a stamp duty on AIM shares, set to take effect in April 2014, has the potential to nudge British SMEs to look to AIM for their next big move.