This is a good 30 second summary, in 'The Australian'...

This is a good 30 second summary, in 'The Australian' today:

"...Australia has led the way in dealmaking activity over recent months. On numbers compiled by Bell Potter’s Richard Coppleson, there are currently 15 “live” takeovers in play with a combined value of $42bn. Eight of them lobbed in December alone. The split is cash takeovers worth $25.2bn, with scrip based offers at $16.8bn.

The numbers are distorted by Origin Energy, with Brookfield and its partners vowing to revisit the blockbuster $19bn bid that fell short of shareholder support late in November. Others getting takeover offer in recent months include lithium play Allkem, agribusiness Costa, media play Southern Cross, a privatisation of Pact Group, Link Group and funds house Perpetual..."

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Dealmakers won't all use AND products but some will. It's logical that if M&A activity rises, to some extent AND ought benefit.