There are a few reasons why Australia is a popular target for acquisitions. The country is politically and economically stable, its companies are well-managed and many of them are involved in the mining sector, providing buyers with access to much-sought-after metals and minerals. Another benefit of purchasing an Australian business though not one that usually makes the headlines is that, with a free-floating currency, it is easy to sweep cash out of local subsidiaries to be used in other parts of the world. These factors haven’t passed foreign buyers by, and while MA volumes are certainly off their pre-crisis highs, the pipeline of deals remains robust. More than half of all transactions involve a...
¬ Haymarket Media Limited. All rights reserved.
