Takeover activity looks to be ramping up on the ASX, thanks to a $5.2 billion private equity bid for insurer AUB Group and reports that Bain Capital is potentially eyeing off Domino’s Pizza.
Macquarie says there could be another dozen potential targets on the local boards. At the top of the list is international education services provider IDP Education, which remains one of the most heavily shorted stocks on the ASX, after plunging in value in the past year.
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