M&A Roundup - Exciting times in the Australian M&A landscape

Australia's M&A landscape is heating up with bold moves and high-stakes bids amid evolving regulatory conditions. Teneo has made a strategic leap by acquiring PwC Australia’s business restructuring services team, marking its Brisbane debut and enhancing its advisory capabilities. Meanwhile, Alceon and Aktiv have acquired The Strand Coolangatta for $142 million, a major coastal property move ahead of Brisbane 2032. In the storage sector, a $2.2 billion bid for Abacus Storage King by a Nathan Kirsh-led consortium faces resistance from National Storage REIT. South Australia is also seeing major activity, with CRH's A$2.1 billion Adbri acquisition and ADNOC's A$30 billion bid for Santos leading a wave of deals across sectors like aquaculture, pharma, and manufacturing. As advisory demand rises, investors should keep an eye on regulatory shifts and valuation trends. The momentum shows no signs of slowing—watch this space.