Business
The top 10 best (and worst) M&A deals of the past 20 years – The Australian Financial Review
Boards are often tempted to expand the public companies they lead, urged on by eager investment bankers. But this tally of Australia’s best and worst M&A deals should ring alarm bells.

But it has to be said that when used well, the power resting in the hands of a CEO with a long-term vision can be profoundly positive for shareholders.
Chanticleer recognises that any list of best and worst M&A deals is subjective. This list was compiled with the help of investment bankers with decades of experience in M&A.
The international acquisition values were converted to Australian dollars at the date of the acquisition. Write-downs were calculated based on announced impairments…
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