Novus Capital Limited is an investment and financial services company specialising in Investment Banking, Corporate Advisory and Share Trading services for Australian corporate and private clients, and overseas corporate clients.


Takeovers: 8 trends and takeaways

While below the extraordinary levels of activity in recent pandemic years, Australia has seen significant public merger and acquisition (M&A) activity so far in 2023.

Amidst a subdued initial public offering (IPO) market, reduced levels of venture capital investment, a volatile share market and other current economic circumstances, there have been notable changes in takeover trends.

In this article, Takeovers: 8 trends and takeaways, we delve into eight noteworthy trends and takeaways for investors, directors of public companies and shareholders including; 

  • Reduced market valuations driving opportunistic offers
  • Bidders structuring concurrent schemes and takeover bids
  • ESG factors driving takeover activity
  • Target boards and acquirers continuing to challenge each other's disclosure 
  • Private equity continues to be involved in take-privates 
  • Big superannuation fund involvement is increasing the size of target companies
  • Foreign investment represents a large stake of Australian takeovers
  • ACCC is proposing major merger law reforms 

Source: Colin Biggers & Paisley Lawyers