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Australia just had its hottest M&A week (and it’s only September)

A monster week for Australian M&A deals has put a spring in bankers’ steps from Martin Place to Governor Phillip Tower.

It started on Monday with REA Group confirming a Street Talk report that it was considering a takeover of Rightmove, the United Kingdom’s largest property platform, in a deal that could be worth more than $9 billion.

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

Original URL: https://www.afr.com/street-talk/australia-just-had-its-hottest-m-and-a-week-and-it-s-only-september-20240905-p5k864