The obvious places to look for this year’s M&A targets are those things kicked over in recent years, or assets prepared for sale and scrapped when COVID-19 hit markets last year.
Vocus is a perfect case in point. So, too, AMP and even Bingo Industries, which has been closely watched by private equity funds during its four years as a listed company.
So we’re back looking at Woolworths’ proposed $10 billion pubs and liquor spin-off Endeavour Drinks, which is tipped to be put forward again as a demerger or sale candidate in coming months.
The neighbours are all peeping over their fences in Australia’s rich “green triangle” forestry zone, keen to get their hands on a rival’s softwood assets.