M&A in 2017: All about break-ups, bear hugs and mining

Original article by Joyce Moullakis
The Australian Financial Review – Page: 15 & 21 : 16-Dec-16

Data from Dealogic shows that the total value of announced mergers and acquisitions in Australia has topped $US97bn ($A129bn) in 2016, compared with $US93.7bn in 2015. The total value of completed deals has fallen from $US92.7bn to $US82.9bn. Meanwhile, Simon Haddy and Tony Damian of law firm Herbert Smith Freehills expect more large-scale M&A deals in 2017 and strong takeover activity in the resources sector. They also forcast that North American suitors in particular will be active in the Australian market, and expect there to be more emphasis on consortium bids with a view to breaking up companies.

CORPORATES
DEALOGIC (AUSTRALIA) PTY LTD, HERBERT SMITH FREEHILLS PTY LTD, TATTS GROUP LIMITED – ASX TTS, TABCORP HOLDINGS LIMITED – ASX TAH, MACQUARIE GROUP LIMITED – ASX MQG, KKR AND COMPANY LP, NORTH HAVEN INFRASTRUCTURE PARTNERS, JP MORGAN AND COMPANY INCORPORATED, FIRST STATE SUPER, APN OUTDOOR GROUP LIMITED – ASX APO, OOH!MEDIA LIMITED – ASX OML, BAIN CAPITAL LLC, CAMP AUSTRALIA PTY LTD, UBS HOLDINGS PTY LTD, AUSGRID PTY LTD, PORT OF MELBOURNE, AUSTRALIA. FOREIGN INVESTMENT REVIEW BOARD, AUSTRALIA. TAKEOVERS PANEL

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