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Australia’s dealmakers expect rebound in resources M&As in 2018

( January 2, 2018, 05:19 GMT | Insight) -- A rebound in commodity prices is expected to make Australia’s resources sector a hot spot for mergers and acquisitions in 2018, according to an informal survey of top investment bankers and corporate lawyers by The Australian.A rebound in commodity prices is expected to make Australia’s resources sector a hot spot for mergers and acquisitions in 2018, according to an informal survey of top investment bankers and corporate lawyers by The Australian. The past year saw M&A activity reach its highest value since 2011, at $120.8 billion, led by the $24 billion bid for Westfield Corp by Unibail-Rodamco in Australia’s biggest property acquisition. Cross-border transactions totalled $67.9 billion, up by 57.8 percent from 2016. Dealmakers expect these trends to continue this year, with more resources deals emerging....

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