M&A Year in Review 2013

26 February 2014 | By Sandy Mak (Partner)

2013 was, by any measure, a quiet and often difficult year in the Australian public M&A market, as a slowdown in resources, political uncertainty and lower than expected growth in inbound Chinese M&A activity meant deal volumes were well down. At the same time, there was fierce competition among rival bidders for a handful of attractive assets in consolidating industries.

The 2013 edition of Corrs’ M&A Year In Review provides a detailed analysis of the trends and lessons that emerge from our review of all public Australian M&A deals over $25 million from the last 12 months. Prepared by the Corrs M&A team, this is a deal survey with a difference. Our survey looks beyond raw data to examine what really made a difference for both bidders and targets in 2013, and how these patterns and developments may shape the (hopefully more active) M&A market in 2014.

In the 2013 edition of Corrs’ M&A Year in Review, we look at four major themes:

  • bidders, sectors and funding;
  • pre-bid arrangements and rival bid strategies;
  • deal protection and conditions; and
  • the end game – closing out a deal.

Click here to download the Corrs 2013 M&A Year in Review.

The content of this publication is for reference purposes only. It is current at the date of publication. This content does not constitute legal advice and should not be relied upon as such. Legal advice about your specific circumstances should always be obtained before taking any action based on this publication.

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Sandy Mak

Partner. Sydney
+61 2 9210 6171