Some of the world's biggest investment firms are hunting for private credit talent in Australia as they look to capture a slice of the burgeoning local market.
Deals
While AI's impact on the legal industry shows no sign of easing in 2024, large law firms expect cybersecurity, ESG work and transactions to dominate the year ahead.
Investors and Rinehart watchers in the mining and investment banking communities should all take note: the $1.7 billion bid has some key lessons in it.
The collapse of the US$20 billion takeover is a Christmas gift for Australia's startup darling.
Private credit is in a sweet spot globally but still in its infancy in Australia, with a small handful of players dominating dealflow.
After a quiet year for deals, bids are suddenly flying around like days gone by.
As part of the competition regulator's approval of Woolworths' acquisition of a majority stake in Petstock, the pet supply store has agreed to divest a package of sites and assets.
Some of the factors that have hurt dealmaking this year, such as a gap between buyers and sellers on price and acquisition financing delays, could abate in 2024.
