New research reveals that businesses in Victoria are taking steps to strengthen their share of the marketplace by looking to do a series of mergers and acquisitions on the horizon.
Data showed that businesses that are most likely to look for takeover opportunities are those having a turnover between $20 million and $49 million such as Australian accounting software providers.
According to the Commonwealth Bank Future Business Index, data reveal that businesses are showing a dramatic turnaround from previous months, setting to take a far more positive approach to the economy in the coming months.
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