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...

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