M&A Mondays aren’t what they used to be! There was little deals action on the ASX on Monday, other than takeover target Link Group revealing a too little, too late bid for one of its businesses by global financial services software company FNZ.
In Street Talk tonight, we’ve got a ripping new property company sale that’s set to hit the market.
The Buxton brothers’ MAB Corporation, a big player in residential and mixed-use developments in Victoria, is being shopped around via investment bank Rothschild & Co.
The Buxtons are understood to be keen to consider offers for a controlling stake in their business, or the whole lot, with a process to play out in coming months.