Directors warn of gradual recovery

Original article by Damon Kitney, Glenda Korporaal
The Australian – Page: 13 & 17 : 4-Jan-21

The Australian Institute of Company Directors’ final sentiment survey for 2020 revealed that 80 per cent of directors expect an increase in mergers and acquisitions over the coming year. BlueScope Steel, Fortescue and Dexus director Penny Bingham-Hall has told an AICD round table forum that there is a lot of overseas money looking to "find a home" at the moment, while Amcor and ANZ director Graeme Liebelt told the forum that there was a risk that business expectations might get ahead of reality in 2021.

CORPORATES
AUSTRALIAN INSTITUTE OF COMPANY DIRECTORS, BLUESCOPE STEEL LIMITED – ASX BSL, FORTESCUE METALS GROUP LIMITED – ASX FMG, DEXUS – ASX DXS, AMCOR LIMITED – ASX AMC, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, COLES GROUP LIMITED – ASX COL, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, SANTOS LIMITED – ASX STO