The energy and natural resources sector will be a primary driver of M&A activity this year, as companies weigh separating or spinning off assets, research from management consultants Bain & Company showed.
The reliance on energy and natural resources comes as companies capitalise on Australia’s transition to less carbon-intensive energy from dirtier power such as coal, and private investment firms allocate capital to companies adopting cleaner power sources.
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Aaron Weinman was a correspondent at The Australian Financial Review.
