Lazard sees more big ticket M&A in 2014

Cross-border business is fueling a comeback in deal making, says the merger advisory specialist.

Lazard Ltd is sensing Australian boardrooms are regaining their mojo. The specialist advisory firm says debt markets are still making credit cheap for acquisitions while foreign companies are increasingly interested in acquiring Australian assets.

“For the first time in three years I’m prepared to say M&A is coming back,” says Garren Cronin, a Lazard managing director based in Sydney. “Next year we’ll see more big ticket M&A.”

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