M&A deals ‘notably decline’ in first half
Increase in listed company takeover bids tipped to follow Aussie trends.
Waste Management sold for $1.9b to Igneo Infrastructure in April.
New Zealand’s M&A market has come off last year’s record highs as the economic and geopolitical environment and outlook became more volatile, a report from law firm Simpson Grierson has said.
But the fundamental drivers of deal activity remain strong, commercial partner Andrew Matthews said,
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