Another big year in store for NZ mergers and acquisitions

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Last year was a big one for New Zealand mergers and acquisitions and law firm Russell McVeagh expects to see more of the same in 2019, despite increased global uncertainty.

The firm said 176 deals, worth a combined $7.126 billion were announced in 9 months to 30 September 2018, representing a 172 per cent increase in deal value, and an increase of about 16 per cent in transaction numbers.

While figures for the full 2018 calendar year are yet to be released, activity was very high in the last quarter of 2018, and the firm expects this trend to have continued for the full year.

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