Companies worth about £100 billion are on the way out of the London Stock Exchange so far this year, either by being bought up or via moving the main home for their shares overseas, and experts fear there is much more to come. Research by the Evening Standard and investment bank Peel Hunt shows that companies worth over £26 billion have already agreed to be sold in 2024, to other listed firms or private equity. That comes alongside a combined value of £38 billion for firms shifting their main listing abroad. And Anglo American today rejected the biggest takeover offer so far, saying BHP’s £31 billion bid “undervalued” the firm and was “opportunistic”. Including the current headline figure from that deal takes the total in market capital involved in the exodus to £95billion. City experts are on watch for an increased bid from BHP. Another multi-billion deal struck was today, for cyber security firm Darktrace. Charles Hall, Peel Hunt’s head of research, said: “There are 21 companies in a bid process with 12 of them in the FTSE 350.” He warned: “We are rapidly exporting some of our best growth companies, with Darktrace going to US private equity. It really...