Sure, March 31 has been and gone, but it feels like we’re only approaching quarter time now.
As the Easter break looms, fund managers have gone to holiday houses, volumes have eased off and deal makers are thinking about a few days’ break.
To Street Talk, it feels like the dam of deals is about to burst. Boards have moved slowly so far this year, but we’re aware of plenty of action bubbling away below the surface.
Once Easter’s done, boards will start thinking it’s now or never. Barring any market shock, it feels like there could be a few busy weeks ahead.
First, though, we expect Morrison/Brookfield to sign Uniti Group at $5 a share, as soon as Wednesday.
KKR-backed pubs owner Australian Venue Co is in the final throes of a $600 million debt deal to replace existing loans and fuel future hotel acquisitions.
