corporate mergers

Treasurer Jim Chalmers says the current voluntary regime is ’too hit and miss’ and there’s no way of knowing if the right mergers are being scrutinised.

Santos shares have dropped nearly 9 percent after Woodside announced it was ending talks on a merger between the two companies.

This year’s flurry of corporate mergers may not pay off for shareholders in the long run, but one thing is for sure: The bosses who are selling their companies will do just fine.