Djerriwarrh Investments expects public floats, mergers and acquisitions to heat up among Australian companies this new year as management scours for growth avenues amid a low interest rate environment.
“If the market stays buoyant, then more IPOs [initial public offerings] are likely," Djerriwarrh managing director Ross Barker said. “Top-line revenue is getting harder to achieve other than cutting costs, so the other option is for mergers and acquisitions, particularly with falling interest rates."
Loading...
Ruth Liew writes on business specialising in Insurance, wealth management and financial services. Ruth is based in our Sydney newsroom. Connect with Ruth on Twitter.
