Good evening, Law firm Clayton Utz became the first of the major dealmaking firms to clear the decks and enact coronavirus precaution plans at its Sydney office on Thursday - and the question is which firm will be next. All the investment banks, law firms and their ilk have contingencies in place, most of which involve getting staff to work from home and/or splitting staff into smaller teams to work shifts in the office. If you listen to bosses in Governor Macquarie Tower, in 101 Collins St and the like, it seems to be a matter of when the plans will be enacted, rather than if. Time will well. Meanwhile, most of the attention in deals is in and around private equity firms. We take a look at one major player's 2020 outlook , and provide an update on Pact Group's divestment. Meanwhile, it looks like Anthony Pratt is set to add a major glass bottler to his Visy stable. Happy reading, Sarah, Anthony and Tim. |
Tomorrow's headlines Domestic private equity firms are set to duke it out for Pact Group's contract manufacturing business. |
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| | For private equity players, 2020 is shaping as the year of the complex corporate carve-out. |
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| | A scheme meeting on Monday May 11 is looming large in the calendar of CML Group and its potential acquirer. |
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| Virgin Australia boss Paul Scurrah will have some nerves to calm when he addresses investors on Friday. |
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| | | There's been a shake-up at the top of National Australia Bank-owned private wealth manager JBWere. |
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Sarah Thompson, Anthony Macdonald and Tim Boyd.
Street Talk Editors |
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