Original article by Jared Lynch
The Australian Financial Review – Page: 23 : 22-Jul-14
GMO co-founder Jeremy Grantham is expecting a "veritable explosion" in mergers and acquisitions activity in Australia. He says that three factors will lead to a record number of mergers and acquisitions deals, namely cheap capital, the economic recovery and high profit margins. JPMorgan is not convinced. The firm believes that foreign investors will be deterred by the high value of the Australian dollar
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