AUSTRALIAN UPDATE – Regulatory Developments, Private Equity Trends and Deal Terms in Australian M&A
Executive Summary: Public M&A activity in Australia has been patchy during 2011. Notably, the mining sector was more subdued than anticipated, with companies deploying stockpiled cash into growth projects, dividends or share buy-backs. Upon the recommendation of the Foreign Investment Review Board (FIRB), the Federal Treasurer rejected the proposed merger of ASX with Singapore Exchange … Continued