PDF pacific dairies limited

Busy year ahead for dealmakers

  1. 2,504 Posts.
    http://www.theage.com.au/business/busy-year-ahead-for-dealmakers-20160103-glyewx.html

    "There will also be a spill over as transactions announced or kicked off last year that continue to play out in 2016. Among those is the bidding contest for ports and rail group Asciano with Brookfield  countered by a rival bidding group led by Qube Holdings.
    The softer Australian dollar through 2015 also spurred foreign purchases coupled with a declining local bourse and savage declines in commodity prices. Tepid economic growth prospects in Australia have also prompted local companies to assess acquisition opportunities."
    AYB just needs the funding, they already have an asset worth more than their MOA from last May! Cheap aussie dollar, can't wait for a funding announcement!
 
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