The trickiest M&A deals are often when two industry players are eyeing each other off, but cannot agree the terms.
The industry players are sworn rivals every other day of the week, scrapping for share in what would normally in Australia be an oligopolistic market. Every customer matters.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
