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Australian M&A market shows resilience, activity in financial services, utilities, healthcare

( July 8, 2020, 07:26 GMT | Official Statement) -- MLex Summary: Australia's mergers and acquisitions market is proving "remarkably resilient" in comparison with a drop in global activity due to Covid-19, leading M&A law firm Herbert Smith Freehills has said. In a statement announcing the law firm has topped national M&A league tables in both deal volume and value for the first six months of 2020, partner Andrew Rich said there is strong activity in sectors including financial services, utilities and healthcare. Rich added that companies with strong balance sheets and private equity firms with unspent capital could see significant opportunities over the next six to twelve months, with "some iconic names" expected to come up for sale.The full statement from Herbert Smith Freehills follows: ...

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