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| The !..:Bazaar Fundas:...! Network is not currently active and cannot accept new posts | AUSTRALIAN mergers and acquisitions | Views: 521 | Oct 03, 2006 3:27 am | | AUSTRALIAN mergers and acquisitions | # | Tribal Route | | AUSTRALIAN mergers and acquisitions activity jumped almost 56 per cent in the first three quarters of this year, led by blistering activity in the retail sector, including the $17 billion bid for Coles Myer.
Private equity is at the heart of the new boom, with the industry's happiest hunting ground - the retail sector - generating over $US21 billion ($28 billion) of the $US115 billion of deals.
The largest retail deal by far was Kohlberg Kravis Roberts-led bid for Coles Myer. But other large private equity deals in the sector include Newbridge Capital's $1.4 billion acquisition of the Myer department store chain; Ironbridge Capital's $500 million purchase of Super Amart; Affinity Equity Partners' $450 million bid for Colorado Group; and CCMP Capital Asia and Pacific Equity Partners' $300 million plus acquisition of vacuum cleaner retailer Godfrey's.
......contd......... http://www.theaustralian.news.com.au/story/0,20867,20514836-643,00.html
Looking Forward to Connect..U2CA..Builders of Dreams! http://retail-network.ryze.com/ http://www.ryze.com/go/NiharM http://www.ryze.com/go/mamtaMamtaPrivate Reply to Tribal Route | |
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