Cheap money is putting a wide range of listed Australian companies in play as domestic and offshore suitors buy businesses across all sectors of the economy with nearly $10 billion in new deals lobbing yesterday.
Merger and acquisition activity is on track to smash records for the year to December 31, and bankers say there’s no sign of it slowing down next year as bidders make the most of an abundance of liquidity and technological change to pounce.
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
Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
