Summary: Recent takeover deals include CSC’s offer for UXC and Vocus’ merger bid for M2 Group. Eventually I expect TPG and Vodafone Australia owner Hutchison Telecommunications to merge. There’s every chance Woodside will sweeten its offer for Oil Search, while Equifax has increased its bid for Veda.
Key take-out: I expect Fairfax to spin off Domain, and the demerged entity could become a target. I’m persevering with Mortgage Choice, while large sovereign wealth funds might be tempted to have another look at Transurban.