AFR: Wall of private capital’ chasing M&A deals on ASX

‘Wall of private capital’ chasing M&A deals on ASX

“We are still seeing some larger deals and the AGL bid was an example of that,” said Ms Tinker. “Given the tailwinds, I wouldn’t rule out similar sized deals.” While offshore buyers have been a driving force for M&A on the local market for some time, the rise of local superannuation funds has meant more companies are now up for grabs.