Cheap credit spurs Australian acquisitions

Australian CEOs are on the lookout for acquisitions, while juggling their fear of overpaying with a fear of not deploying money.

Cheap credit spurs Australian acquisitions

After years of cost-cutting, Australian companies are finally putting their strong balance sheets to work, leading to a flurry of mergers and acquisitions.

The pickup in deals is being driven by a confluence of cheap access to finance, strong interest from overseas buyers, new funds raised by private equity firms and a need for company executives to find new sources of growth.

A Deloitte survey of 50 Australian chief financial officers conducted...

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