Australia’s M&A bids boom has sparked another boom: the rejections boom.
While bids are flying around the market like confetti, bolshy Australian boards have rejected offers worth in excess of $50 billion this year which is unprecedented in the local market.
Loading...
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
