DealWatch: M&A market subdued

Buddle Findlay's Nick Bragg says the market is subdued. (Image: Buddle Findlay).

Mon, 19 Jun 2023

A subdued market has seen little mergers and acquisition (M&A) action in the months since March, but lawyers have been busy with other commercial work, including refinancings and other corporate transactions.One of the bigger deals to be announced in recent months – a three-horse race – was the bid for TAB NZ’s operations.The betting operator was advised by Allens in Australia with support from Chapman Tripp in New Zealand.Winning bidder Entain – owned by Ladbrokes in the UK – was advised by...

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