A deals are coming back from a short pause and they’re only going to get bigger.a recent lull in activity
will prove to be short-lived as buyers and sellers get their heads around the interest rate environment and asset prices. Morgan Stanley’s Tim Church and Richard Hersey say there’s been no slowdown in work behind the scenes readying bids or preparing boards for approaches.
“More and more we are seeing the global private equity firms raise funds in the order of $US20 billion to $US30 billion, and partner with selected co-investors, creating the ability to target companies that may have historically been considered too large to be taken private,” he said. “These transactions play to the strengths of these funds, allowing more capital to be deployed in the one transaction and typically also benefiting from less competition.”A deals in Australia, as big deals agreed and signed last year are finalised. The deals included Blackstone’s acquisition of Crown Resorts,
Lol, of course they do.