Everyone knows that mergers and acquisitions timelines have elongated. The reason is that regulatory clearances take months more than they used to. But the consequences have taken time to play out.So much so in Australia that, for example, Macquarie’s chief executive Shemara Wikramanayake warned last week that investments are bypassing Australia.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles