Original article by Michael Bennet
The Australian – Page: 14 : 19-Jan-17
A report from Intralinks shows that three per cent of Australian mergers and acquisition deals were leaked prior to an official announcement in 2015, compared with two per cent in 2014. Globally, the proportion of leaked deals rose from six per cent to 8.6 per cent in 2015. The report also notes that leaks resulted in a global median takeover premium of 53 per cent for target companies, compared with a premium of just 24 per cent for deals that were not leaked. Australia ranks among the three nations with the lowest level of M&A leaks, according to Intralinks.
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INTRALINKS INCORPORATED, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION