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James Thomson

Deals in the time of COVID-19 need new playbook

Buying a company in the midst of a pandemic provided some extra challenges for two chief executive officers.

James ThomsonColumnist

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How do you shake hands on a deal when it’s not safe to shake hands?

It might sound trite, but for Nick Good, the new chief executive of ASX-listed fund manager Pendal Group, the practicalities of pandemic deal making were all too real as he stitched together the acquisition of US fund manager Thompson, Siegel & Walmsley for $413 million, announced last week.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/work-and-careers/leaders/deals-in-the-time-of-covid-19-need-new-playbook-20210518-p57szx