DataRoom AM: Recall review

US-based Iron Mountain lobs an opportunistic bid at data management firm Recall, while Asciano is reportedly looking to offload some of its freight rail assets.

The falling Australian dollar is seemingly bringing local M&A activity back to life as overseas suitors eye off some markedly cheaper options. The latest example comes in the form of Brambles offshoot Recall, which has received an opportunistic bid from a longtime courter.

Elsewhere, Asciano’s freight rail division draws buyer interest, another twist is seen in the race for GE Capital’s consumer lending operation and a Malaysian heavyweight joins the Alinta Energy auction.

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