Property deals drive NZ M&A activity in financial sector in 2015

Wed, 21 Oct 2015

By Paul McBeth Oct. 21 (BusinessDesk) - Large property and real estate deals have led merger and acquisition, and private placement activity in New Zealand's financial sector for a second year. The financial sector's $4.51 billion of M&A and private placement deals in the 12 months ended June 30 accounted for about 47 percent by value of all deals in the year, according to the New Zealand Private Equity & Venture Capital Association and S&P Capital IQ's latest market observation report. Of the 109 deals in the sector, Singaporean investme...

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