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(Bloomberg) -- Equity sales to raise funds for mergers and acquisitions should remain strong in Australia and New Zealand through yearend, with traditional initial public offerings still far from picking up, according to UBS AG.
Some of the largest share sales in both countries this year involved offering stock to current shareholders, under so-called entitlement offers, to raise funds for asset purchases.
Larger companies are leading âthis trend back towards shareholder-friendly equity r...
>>> Read more: Share Sales Tied to M&A to Keep Aussie Bankers Busy, UBS Says
Some of the largest share sales in both countries this year involved offering stock to current shareholders, under so-called entitlement offers, to raise funds for asset purchases.
Larger companies are leading âthis trend back towards shareholder-friendly equity r...
>>> Read more: Share Sales Tied to M&A to Keep Aussie Bankers Busy, UBS Says
