Yesterday
Bellevue Gold set to raise equity; Macquarie, Canaccord on ticket
The deal is expected to launch as early as this week, sources said.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Eildon Capital on former boss’ M&A radar
Street Talk understands that Brisbane-based property fund manager and financier Trilogy Funds is weighing an acquisition of Eildon Capital.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Global beef players line up for Australian Meat Group
Street Talk understands Brazilian giants Minerva Foods and Marfrig, and China linked Silver Fern Farms and New Hope are getting their ducks in a row.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Exclusive
- Company mergers
ASIC mulls crackdown on market-moving media leaks
Under what is known in the United Kingdom as the “put up or shut up” rule, bidders that fail to act before their time limit ends would be barred for up to six months from launching a second attempt.
- Updated
- Ronald Mizen
Three banks mandated for Fonterra’s Australia sale
Sources said JPMorgan and Kiwi investment bank Cameron Partners, which have a strategic tie-up, have been mandated to run the sale alongside long-time adviser Jarden.
- Sarah Thompson, Kanika Sood and Emma Rapaport
End of an era as Antipodes Partners snaps up Maple-Brown Abbott
The investments house was established in 1984 and managed money for some of Sydney’s wealthiest families. The deal creates an $18 billion asset manager.
- Joshua Peach and Jonathan Shapiro
Japan’s Chugoku puts its share of $1.1b Boggabri coal mine up for sale
The electricity retailer owns 10 per cent of the NSW operation, and it is the latest Japanese coal industry cornerstone firm to exit.
- Peter Ker
Au revoir! Vinci out at Queensland Airports auction as bids land
It’s the second time that Vinci, an investor in London’s Gatwick, Osaka’s Itami, Santiago and Lisbon, has missed out on adding an Aussie airport to its portfolio.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Antipodes Partners to acquire rival fund manager Maple-Brown Abbott
The nine-year-old Antipodes would oversee $18.6 billion in assets after the acquisition.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Revealed: Square Peg’s jealously guarded returns are here
Canva’s $US2.4 billion secondary share sale couldn’t have come at a better time for one of its backers – and just as it’s about to raise a new fund.
- Sarah Thompson, Kanika Sood and Emma Rapaport
This Month
- Opinion
- Chanticleer
Takeovers risk turning into money grabs for directors
Special exertion payments are legal, but we would argue they don’t befit a blue-chip company. Fund managers and governance experts also have concerns.
- Anthony Macdonald
Crescent Capital’s 1¢ Pacific Smiles bid increase leads to chagrin
The skinny increase, which Crescent declared was their best and highest, sees the scheme consideration increase by 0.5 per cent to $1.91.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Updated
- Gas
Woodside says investors back $1.4b US buy, but some have questions
Meg O’Neill says no investors have questioned investing in US LNG, but Aware Super queried the impact on climate targets and shares fell further on Tuesday.
- Updated
- Angela Macdonald-Smith
Google’s biggest acquisition falls over as $35b offer rejected
Cybersecurity firm Wiz has turned down a mammoth takeover bid from Google’s parent company, Alphabet, sticking with an IPO plan.
- Lynn Doan and Julia Love
Bin way too long! Affinity Equity hires bank for Waste Services sale
You’d be forgiven for thinking Affinity has a leg-up in the UBS-run auction, given its ANZ boss’s history with the asset.
- Sarah Thompson, Kanika Sood and Emma Rapaport
AustralianSuper, Hesta look to supercharge housing investment
The industry super fund giants have taken shared ownership of Assemble, which develops affordable rental and for-sale housing.
- Michael Bleby
Quadrant’s erstwhile top dealmaker returns armed with Packer cash
It’s taken a very sweet opportunity to bring him back to dealmaking – namely Everest Ice Cream, a major manufacturer of wholesale frozen desserts.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Crescent tries to pull off the near impossible at Pacific Smiles
But the private equity firm has another ace up its sleeve. Influential proxy adviser Institutional Shareholder Services has thrown its support behind the bid.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Updated
- Woodside Energy Group
Woodside splashes $1.35b in the US to become ‘global LNG powerhouse’
The acquisition of Tellurian will give the ASX-listed oil and gas company a foothold to develop exports in the booming US market for shipping natural gas.
- Updated
- Angela Macdonald-Smith
What it’s like to sell your tech start-up for $180m
For Frank Greeff, selling his real estate marketing company to Domain was the hardest thing he’s ever done, and after it happened he just went to bed.
- Yolanda Redrup
