Buyout boom: Who’s coming after Kiwi companies?

For every takeover offer for a listed company made public, there are another 50 deals happening behind closed doors, a leading mergers and acquisitions lawyer reveals on Markets with Madison.

“I think with reduced [market] prices and reduced expectations from sellers, there’s a little bit more activity starting to take place,” MinterEllisonRuddWatts partner Mark Stuart said in today’s episode.

Two new takeover targets have emerged on the NZX in Eroad and Metro Performance Glass, following the $1.6 billion private equity purchase of Pushpay earlier this year.

There’s talk that Scott Technology may also be on the block for a buyout. Photo / Supplied

Stuart explained the intent behind buyout offers, and how investors should assess them, in today’s episode of Markets with Madison above.

Plus, do you want to know how to pick recession resilient stocks?

Salt Funds head of global diversified funds Greg Fleming shares his tactics in the episode above.

Get investment insights from the experts on Markets with Madison every Monday and Friday on the NZ Herald.

Disclaimer: The information provided in this programme is of a general nature, and is not intended to be personalised financial advice. We encourage you to seek appropriate advice from a qualified professional to suit your individual circumstances.

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Madison Reidy is the host of New Zealand’s only financial markets show Markets with Madison. She joined the Herald in 2022 after working in investment, and has covered business and economics for television and radio broadcasters.