M&A seen as resilient to shocks

Original article by Joyce Moullakis
The Australian Financial Review – Page: 15 : 11-Apr-17

Data from Dealogic shows that $US11.9bn ($A15.9bn) worth of takeover bids for Australian companies were announced in the March 2017 quarter, which is 38 per cent lower year-on-year. Meanwhile, Deloitte has released a report which forecasts that global uncertainty will weigh upon mergers and acquisitions activity in 2017. However, the firm expects an upturn in M&A activity when the uncertainty abates. Timothy Mahapatra of Deloitte notes that deal-making is still a priority for many companies.

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DEALOGIC (AUSTRALIA) PTY LTD, DELOITTE TOUCHE TOHMATSU LIMITED, MACQUARIE CAPITAL PTY LTD, ALINTA ENERGY (AUSTRALIA) PTY LTD, CHOW TAI FOOK ENTERPRISES LIMITED, RIO TINTO LIMITED – ASX RIO, YANCOAL AUSTRALIA LIMITED – ASX YAL, JP MORGAN AUSTRALIA LIMITED

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