Australia’s M&A market
The Great Southern Bank and P&N Group tie-up in the latest in a string of M&A action Down Under. Worldwide deal volume reached approximately $5.27 trillion (or US$3.4 trillion) in 2024, up 8% from the previous year, according to MergerMarket data. In Australia, total deal value climbed by nearly 30%, rising from more than $110 billion to nearly $142 billion, (or US$71 billion to US$91.5 billion), over the same period.