NZ M&A activity likely to stay frothy in 2018 as interest rates remain low: Chapman Tripp

NZ M&A activity likely to stay frothy in 2018 as interest rates remain low: Chapman Tripp
Paul McBeth
By Paul McBethMarch 6 (BusinessDesk) - New Zealand may have another busy year for mergers and acquisitions as interest rates remain low and deep-pocketed buyers seek out quality assets, says law firm Chapman Tripp. The number of local M&A transactions rose to 127 in calendar 2017 from 97 a year earlier, notwithstanding a drop off in activity in the lead-up to last year's general election, Chapman Tripp says in its annual M&A trends and insights report. A drop in the value of deals to $3.5 billion from $8.6 billion reflected the...