Community assets on the line: M&A outlook 2024

Community assets on the line: M&A outlook 2024
Eastland Network was sold for $260m in late 2022. (Image: Eastland Network)
Rebecca Stevenson
Is it possible to have an asset cake, and sell it and eat it, too? A recent research note from analysts at Forsyth Barr said regional and local councils were considering partial asset sales or further sell-downs due to stretched balance sheets and facing significant infrastructure investments. Chapman Tripp partner Roger Wallis sees a few themes emerging for mergers and acquisitions (M&A) in 2024 - and one is community asset sales. Wallis said he expected the M&A market may be more dynamic this year with sectors incl...

More Markets

NZ sharemarket up 0.1% on flat trading day
Markets Market close

NZ sharemarket up 0.1% on flat trading day

The S&P/NZX 50 Index closed at 11,790.92, up 14.18 points or 0.12%.

Advent International eyes NZ deals with Aussie outpost
Markets

Advent International eyes NZ deals with Aussie outpost

US private equity giant says NZ key market for growth.

These shares are 'priced for awful'
Markets

These shares are 'priced for awful'

Kathmandu, SkyCity and Fletcher shares are under pressure. Some are taking the plunge.