Merger volumes surge, led by bid for David Jones

This week has been a good one for M&A bankers at Gresham, Macquarie and Rothschild who have been predicting a resurgence in takeover activity.

Predictions of a resurgent Australian merger and acquisitions market by M&A bankers and lawyers may now be on firmer ground.

Deal volume to date this year, US$26.6 billion, is more than twice the same period last year when $US11.4bn of pending and completed M&A transactions had been announced, according to Bloomberg data.


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