Six hot takeover targets

The sharemarket is ripe for another bout of takeover activity.

Until recently the takeover world had been quiet for the best part of two years. This I attribute to continued nervousness about both the US and European economies, combined with a general aversion to debt and, in Australia, a moribund stockmarket.

Since June this year, however, a lot has changed. Sharemarkets in America have rallied to record all-time highs, while local equities have hit a five-year peak.

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