M&A deal flow value up 250%: Simpson Grierson report

M&A deal flow value up 250%: Simpson Grierson report
Simpson Grierson partner James Hawes said the total year-to-date deal value of US$14.4 billion was the result of a number of large acquisitions. (Photo: Supplied)
Michael Andrew
New Zealand’s mergers and acquisitions market is booming on the back of record capital flow, according to an annual report released today.Simpson Grierson’s latest Expanding Horizons report shows 2021 is on track to see 20% more M&A deals than 2020, while the value of deals has increased by 250%, driven by high amounts of local and offshore private equity.The numbers mirror other reports of intense deal flow activity among most NZ M&A and corporate advisory teams, which have been running at or near capacity for months.Simpso...

More Finance

Budget 2024: tax relief on, surplus further off
Finance

Budget 2024: tax relief on, surplus further off

The package will be less generous than National’s election campaign promises.

Pattrick Smellie 27 Mar 2024
New Guardians of NZ Super CEO appointed
Finance

New Guardians of NZ Super CEO appointed

Townsend will be its first external CEO appointment since Adrian Orr in 2007.

Staff reporters 27 Mar 2024
Russia’s backdoor to the global banking system slamming shut
Finance

Russia’s backdoor to the global banking system slamming shut

Major Dubai lender has scaled back Moscow business, and Turks are now more cautious.