The Australian at it again... except that this time they have...

The Australian at it again... except that this time they have the KKK as a potential suitor!

The next takeover targets

• THE AUSTRALIAN
• MAY 24, 2016 11:15AM
• SAVE
• PRINT
• Tim Boreham
  
  Banking reporter
  Melbourne
  https://plus.google.com/116956110402704936193

Take one low-growth corporate climate, blend in voracious Chinese demand for commodity and infrastructure plays and add a sprinkle of cheap debt.
Fold in a depreciating Australian dollar and there you have it – the perfect recipe for inbound cross-border M&A.
Credit Suisse reckons that, despite $450 billion of activity in the current M&A cycle since 2013, there’s a lot more to come and China will be leading the way.
So as not to be merely spouting an abstract theory, the firm has named the most likely targets, as well as acquirers.

• MORE:China on buying spree in Asia

So let’s talk turkey.
Woolworths (WOW), the biggest target on the list with a $28bn market cap, is already reportedly in the sights of private equiteer KKK.