Good evening,

The M&A year’s hanging in the balance.

Another week started without any big new M&A deals, as companies and their big investors stew on the just completed earnings season before making any major moves.

Bankers have already turned their minds to next week, thinking their clients should be well and truly done with results and roadshows and ready to get moving.

It was a similar story in equity capital markets, with less than $6 billion in Australian shares traded on Monday. Fund managers are also not really in the mood to trade.

In Street Talk tonight, we have picked up on some fresh activity in the technology sector.

Goldman Sachs has secured a mandate to sell Australian born and bred tech consultant Versent Pty Ltd, which analysts are tipping could be worth about $300 million.

In a similar move, Allunga Advisory has been tasked with finding a private cloud deal for Macquarie Telecom.

Elsewhere, we revealed the new bankers in at Myer.

Happy reading,
Anthony Macdonald, Sarah Thompson and Kanika Sood
Street Talk editors