Goldman upbeat on local M&A activity

Original article by Carrie LaFrenz
The Australian Financial Review – Page: 16 : 28-Nov-16

Data from Dealogic shows that $US98.54bn ($A132.44bn) worth of mergers and acquisitions have been announced in Australia so far in 2016. Olivia Brown and Marissa Freund of Goldman Sachs are bullish about the outlook for M&A deals, and forecast strong activity in sectors such as healthcare, technology and retail. Freund expects strong interest in local companies from suitors in Asia, North America and Europe. Brown anticipates that Chinese companies will continue to be attracted to sectors that have export potential, such as consumer products and healthcare.

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DEALOGIC (AUSTRALIA) PTY LTD, GOLDMAN SACHS AND PARTNERS AUSTRALIA PTY LTD, AUSGRID PTY LTD, AUSTRALIA. FOREIGN INVESTMENT REVIEW BOARD, TABCORP HOLDINGS LIMITED – ASX TAH, TATTS GROUP LIMITED – ASX TTS, BORAL LIMITED – ASX BLD, HEADWATERS INCORPORATED, OIL SEARCH LIMITED – ASX OSH, INTEROIL CORPORATION, PACIFIC BRANDS LIMITED, HANESBRANDS, UGL LIMITED – ASX UGL, CIMIC GROUP LIMITED – ASX CIM, KATHMANDU HOLDINGS LIMITED – ASX KMD, BRISCOE GROUP LIMITED, LAZARD ASSET MANAGEMENT LIMITED

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