Original article by Tim Boyd
The Australian Financial Review – Page: 6 : 11-Jan-21
Australian investment bankers are upbeat about the outlook for mergers and acquisitions activity in 2021. John Pickhaver of Macquarie Capital says local companies are likely to attract interest from foreign suitors, given Australia’s comparative success in combating COVID-19. James Disney of Credit Suisse expects private equity firms to actively pursue acquisitions in 2021. There was a spike in M&A activity in the fourth quarter of 2020, although data from Dealogic shows that the value of announced deals for the full year reached a 10-year low of $US63.2bn ($81.4bn).
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