Strong finish pushes 2021’s M&A value up 400%

Strong finish pushes 2021’s M&A value up 400%
Simpson Grierson corporate partner James Hawes doesn't think the activity will slow. (Photo: Supplied)
Michael Andrew
The total value of New Zealand’s mergers and acquisitions (M&A) transactions for 2021 was $20.4 billion – a 400% increase on the year before, according to an analysis published by Simpson Grierson.The total value for 2021 came from 124 deals, up 55% on 2020, with six of them valued at over $1b each.Simpson Grierson corporate partner James Hawes said a flurry of late deals in Q4 added to what was already an impressive year for the M&A market, defying covid-19 restrictions.“New Zealand’s closed borders and other co...

More Markets

JB Hi-Fi continues NZ charge, plans three more stores
Retail

JB Hi-Fi continues NZ charge, plans three more stores

The electronics retailer wants 26 stores in New Zealand by the end of next year.

PEP buys 75% of Spark datacentres
Markets

PEP buys 75% of Spark datacentres

The deal is bigger than expected and at the low end of valuations.

Rakon's Robinson standing 'to do one thing'
Markets

Rakon's Robinson standing 'to do one thing'

Brent Robinson has laid out his vision for Rakon as he campaigns to lead its board.