Cashed up buyers with cheap funding likely to stoke M&A activity in 2017: Chapman Tripp

Wed, 01 Mar 2017

By Paul McBeth March 1 (BusinessDesk) - New Zealand is likely to see more merger and acquisition activity this year as relatively cheap capital and private equity firms flush with funds stoke demand, says law firm Chapman Tripp. The NZX doesn't have a huge pipeline of initial public offerings, although capital is readily available through secondary capital raisings and interest rates are still near multi-decade lows. However, Chapman Tripp partner Tim Tubman doesn't expect to see a return to the over-leveraged deals that occurred before t...

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