Today
Euroz hoovers up Azure Minerals stock after bid; eyes on Rinehart
Stockbroker Euroz Hartleys was hoovering up shares in lithium play Azure Minerals on Monday morning, after the company signed a binding deed with Chilean giant SQM at $3.50 a share.
- 12 mins ago
Webcentral to divest assets for $165m; MacCap on ticket
Webcentral has struck a binding deal to sell a majority stake in some of its assets for circa $165 million.
- 1 hr ago
Angus Aitken visits high-end Dan Murphy’s and finds too much champagne
The high-profile stockbroker has told clients he does not know what the strategy is behind the Endeavour-owned liquor retailers pivot to high-priced bottles.
Yesterday
Plenty of interest in Damstra as overseas software firms circle
The company sells an enterprise protection platform that targets worker safety, risk management and compliance for clients such as New Hope and Glencore.
- Updated
Five V Capital’s deal makers chase $700m for fifth buyout fund
Adrian MacKenzie and Srdjan Dangubic’s Five V Capital is donning the hard hat to raise $700 million for their fifth buyout fund.
Private debt player Revolution AM poaches BofA banker for PM
Pratik Joshi, a Sydney-based vice president in Bank of America’s asset backed securities division, has deflected to work alongside Revolution’s founders.
Navis Capital’s Device Tech rules off $400m debt deal
Street Talk understands the $400 million was underwritten by Commonwealth Bank and Westpac last week.
AirTrunk calls in boardroom heavyweight amid IPO prep
Data centre tearaway AirTrunk has drafted in Fortescue deputy chairman Mark Barnaba to chair its board, just as it begins preparations for what could be a $10 billion IPO.
Regional pubs roll-up Harvest Hotels combines two funds; preps exit
Prospective backers are being told to think of a liquidity event within 36 months, and circa 19 per cent IRR to exit.
This Month
France’s Vinci test drives banks for EastLink tilt; Transurban digs in
Paris-headquartered concessions player Vinci Group has begun meeting with investment banks for a potential buy-side mandate.
Ding ding! Round two under way for $500 million-plus Cura auction
The $11.4 billion private hospital operator looks at plenty of deals and isn’t likely to get into a sword fight with overzealous private equity.
MST Financial signs veteran banking analyst Brian Johnson
Long-serving banking analyst has resurfaced six months after he left US investment bank Jefferies.
Myhealth founder closes in on Crescent’s home doctor business
It is understood James Liang is working with MA Financial Australia on his tilt for 24-7 Healthcare.
Credit giant Ares hires new partner
Street Talk can reveal Credit Suisse’s head of asset finance for Asia Pacific, Will Farrant, has joined the US investment firm as a partner in its credit group.
MacCap flies into sell-side lineup at Queensland Airports; 74pc for sale
Potential investors are being told to expect flyers as early as Tuesday.
Handbags at dawn: FTI puts Olga Berg on the block
The bag maker is targeting $10 million plus revenue and $3.4 million EBITDA by FY26, looking to strategic partnerships and expanding its online presence for growth.
Iconic fruit and vege biz SPC launches targeted capital raise
The 100-year-old company is seeking to raise up to $20 million from investors, but they must be residents of Victoria’s Goulburn Valley region.
NAB swings the axe in markets division; thins out commodities team
Street Talk understands the bank has let go of Ivan Colhoun, its chief economist for corporate and institutional banking.
ASX kicks off meetings for bond deal; three banks mandated
The exchange is in the market with a 3-year Australian dollar, senior unsecured, floating rate benchmark transaction to fund future capital expenditure.
Anteris Technologies raising $40m; Evolution Cap on ticket
The company was offering shares at $20 apiece, which was a tight 3 per cent discount to Anteris’s last close, for a minimum $40 million raise.
