M&A opportunities 'underwhelming': South32

WITH a strong balance sheet, South32 has the firepower to do big deals, but CEO Graham Kerr is not overly enthused by the opportunities in the market.

M&A opportunities 'underwhelming': South32 M&A opportunities 'underwhelming': South32 M&A opportunities 'underwhelming': South32 M&A opportunities 'underwhelming': South32 M&A opportunities 'underwhelming': South32

The company has net cash of $US312 million and an undrawn $1.5 billion revolving credit facility.