Australasia bounces back for buyouts
Post the financial crisis, Australia – and New Zealand – appears to be holding up well not just in macro terms, but also as one of the few havens left in the world for the kind of big private equity buyout almost as extinct as the Tasmanian tiger elsewhere.
Indeed, 2009, elsewhere a nadir for buyouts worldwide, began and ended with two huge direct investments: Canada Pension Plan Investment Board’s $5.7 billion acquisition of Macquarie Communications Infrastructure...
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