While we’re only five weeks into 2022, it feels like the frantic deals fever was left in 2021.
“M&A Monday” was a feature for the second half of the year, with big deals dropping each Monday morning as suitors, targets and their advisers showed off the weekend’s hard work.
We’re yet to see an M&A Monday in 2022. The first quarter of the year is always the quietest, and market volatility and omicron put a bit of a dampener on some of the potential deals that carried into this year.
There are signs that may be about to change. It wouldn’t surprise Street Talk to see a chunky equity capital markets deal early this week, as an Aussie corporate pulls the trigger on its long-held plans.
Buyout firm Quadrant Private Equity is set to prepare its restaurant, cafes and canteens supplier Superior Food Services for the ASX boards, as part of a dual-track auction to commence in coming months.