06.02.2012 - Few $1bln-plus miner deals in 2012: E&Y report
Merger and acquisition (M&A) activity in Australia's mining sector is tipped to be dominated by smaller transactions this year, with fewer than 10 potential $US1 billion-plus ($930 million) deals forecast for the industry. Access to funding for infrastructure will drive merger and acquisitions (M&A), with the spotlight to be on the mid-tier and junior sector in 2012, according to Paul Murphy, Ernst & Young's Australia and Asia-Pacific transactions leader..............................................Full Article: Source
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