2014 presents opportunities for prudent investors

This time last year, Minter Ellison’s view was that a time would come when enough owners and management would accept complex and challenging circumstances as the new normal, and recognise that although conditions are not benign they are not hopeless. The firm expected that mergers and acquisitions (M&A) activity would then gain momentum.

As 2014 arrives, that time is upon us, with predictions of 2014 as a stronger year in M&A appearing since mid-November.

Corporates and investors have access to capital again and are more willing to consider growth by acquisition. The financial services sector has been particularly active — Westpac acquired Lloyds Banking Group’s Australian asset finance business and its corporate loan portfolio for approximately AU$1.55bn (£835m), and Insurance Australia Group announced the acquisition of the Australian and New Zealand insurance underwriting businesses of Wesfarmers for AU$1.845bn. Activity in real estate and infrastructure has also been firm, including the AU$5.2bn trophy deal struck by the New South Wales government on Port Botany and Port Kembla…

If you are registered and logged in to the site, click on the link below to read the rest of the Minter Ellison briefing. If not, please register or sign in with your details below.

Sign in or Register to continue reading this article

Sign in


It's quick, easy and free!

It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.

Register now

Why register to The Lawyer


Industry insight

In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.


Market intelligence

Identify the major players and business opportunities within a particular region through our series of free, special reports.


Email newsletters

Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.

More relevant to you

To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.


Level 40, Governor Macquarie Tower
1 Farrer Place

Jurisdiction: Australia
No. of offices: 14
No. of qualified lawyers: 1085