Remember Austal, the ASX-listed shipbuilder that snagged no less than four suitors over 2023 and 2024? Its shares are back in fashion, but before you get too excited, the evidence of a suitor reloading a bid remains thin on the ground.
A vessel at the Austal shipyard in Perth. James Brickwood
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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
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
