Low borrowing costs, weaker kiwi to underpin NZ M&A activity in 2016

Fri, 04 Mar 2016

By Jonathan Underhill March 4 (BusinessDesk) - Cheap borrowing costs and a New Zealand dollar that has shed a fifth of its value in the past two years are likely to underpin merger and acquisition activity this year, according to a law firm that advised on some of the biggest deals in 2015. Chapman Tripp says the current year is likely to be characterised by continued interest from Australian private equity firms, flush with new capital, China's ongoing demand for primary sector and tourism assets, banks keen to fund acquisitions and offs...

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