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AI Mania to Fuel Australia Deals, Top Underwriter Macquarie Says

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AI Mania to Fuel Australia Deals, Top Underwriter Macquarie Says The investor demand for exposure to companies along the artificial intelligence supply chain is set to accelerate capital-market activity in Australia, according to the nation’s top dealmaker. Initial public offerings, placements, rights offerings and block trades raised about $11.4 billion in the first half of 2026 in Australia, compared with about $10.6 billion in the same period last year data compiled by Bloomberg show....

AI Mania to Fuel Australia Deals, Top Underwriter Macquarie Says The investor demand for exposure to companies along the artificial intelligence supply chain is set to accelerate capital-market activity in Australia, according to the nation’s top dealmaker. Initial public offerings, placements, rights offerings and block trades raised about $11.4 billion in the first half of 2026 in Australia, compared with about $10.6 billion in the same period last year data compiled by Bloomberg show. Follow-on share sales tied to the AI buildout accounted for a large portion, with data center operator NEXTDC Ltd. raising A$1.5 billion ($1.1 billion) in Australia’s largest deal this year. Network software provider Megaport Ltd.’s entitlement offer in June was another standout, with A$827.3 million in proceeds.
AI Mania (ORG) Australia (LOCATION) Bloomberg (ORG) AI (ORG) NEXTDC Ltd. (ORG) Megaport Ltd.’s (ORG)
Originally published by Bloomberg Technology Read original →