BREAKFAST DEALS: Arrium duel

Steelmakers Australia faces a fight to acquire Arrium, while the latest numbers show domestic M&A is struggling.

Steelmakers Australia has a tough battle ahead if it’s to win over Australia’s Arrium, even if it does try to sell the idea that the company faces some stiff headwinds and internal challenges. The latest numbers from Dealogic show that Australian M&A is struggling big time, but at least Macquarie Group has had a good few months.

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