Bankers win as big mergers get reversed - The Australian Financial Review

Demergers at Incitec Pivot and Tabcorp effectively reverse previous deals done with much fanfare, proving deal makers always come out on top.

Macquarie Group, which made a packet selling Dyno to Incitec in 2008 and is now advising on the demerger alongside UBS, might be the biggest winner on this particular occasion. Australian corporate … [+3373 chars]

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