Deloitte racked the brains of about 120 in-house M&A heads at companies and found 83 per cent expected to do at least as many deals as last year in the next 12 months, but valuations are top of the list among their worries.
A heads and found 83 per cent expected to do at least as many deals in the coming 12 months as last year, but valuations are top of their list of worries.The consulting firm said the decision-makers’ expectations of solid dealmaking activity was a good surprise, even though its down from 95 per cent last year. .
The survey found companies were mindful of volatility, geopolitical tensions and economic changes, especially inflation. But they were steering the choppy waters with solid balance sheets, a level of confidence around funding and, more importantly, a desire for growth.For Australian respondents, acquisitions were the most in demand , followed by M“A lot of businesses have divested their non-core assets in recent years, and the clear message is they are now looking at growth.
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