A2 Milk may be in the sights of cashed up private equity investors

A2 Milk may be in the sights of cashed up private equity investors
Rebecca Howard
Cashed-up private equity players will be on the prowl in 2021 as they look to get the biggest bang for their buck, with A2 Milk a potential target. “M&A activity as a thematic does have some legs locally and globally, especially with the low cost of capital at the moment and the amount of money that is sloshing around looking to earn an acceptable return,” said Craig Stent, head of equities at Harbour Asset Management. Not only that, but “central banks are encouraging investors to take on risk by saying that rate...

More Markets

NZ sharemarket rises on back of positive news
Markets Market close

NZ sharemarket rises on back of positive news

The S&P/NZX 50 Index closed at 13,041.9, rising 276.66 points or 2.17%

Graham Skellern 22 Nov 2024
Oceania shrinks footprint, prioritises balance sheet
Property

Oceania shrinks footprint, prioritises balance sheet

Oceania has divested four aged care facilities in the space of six months.

Gregor Thompson 22 Nov 2024
The Warehouse’s plan to come back ‘with a vengeance’
Retail

The Warehouse’s plan to come back ‘with a vengeance’

Executives face tough questions at the retailer’s AGM.

Victoria Young 22 Nov 2024
Wellington's blue sky boondoggle
Infrastructure

Pattrick Smellie: Wellington's blue sky boondoggle

Is the capital's airport serious, or is Infratil just trying to pump value?

Pattrick Smellie 22 Nov 2024