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.
- 5 mins ago
- Sarah Thompson, Kanika Sood and Emma Rapaport
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
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Inside Origin’s $18.7b game of M&A bluff
Origin Energy’s takeover is unlike any major deal we’ve seen in the past decade. The ball is firmly in Brookfield and EIG’s court.
- 1 hr ago
- Anthony Macdonald
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
- Sarah Thompson, Kanika Sood and Emma Rapaport
Nick Bolton attempts to thwart Southern Cross takeover
ARN Media and Anchorage Capital Partners’ proposed acquisition of Southern Cross has already hit a major hurdle.
- Zoe Samios and Sam Buckingham-Jones
Rich Lister angry over independent expert’s Pact valuation
Raphael Geminder’s Kin Group, which is trying to buy out the rest of the packaging group, says the Middle East conflict will make things tougher for Pact.
- Simon Evans
The favourite lunch spots of Sydney’s top bankers
End-of-deal lunches are thinner on the ground these days, but still, bankers have to eat. Here are their top lunch spots in Sydney.
- Aaron Weinman and Jemima Whyte
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.
- Sarah Thompson, Kanika Sood and Emma Rapaport
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.
- Sarah Thompson, Kanika Sood and Emma Rapaport
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.
- Sarah Thompson, Kanika Sood and Emma Rapaport
MacCap flies into sell-side lineup at Queensland Airports; 74pc for sale
Potential investors are being told to expect flyers as early as Tuesday.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Chevron to buy Hess for $84b in second oil mega-merger in weeks
The proposed deal raises the competition between Chevron, the No. 2 US oil and gas producer, and Exxon.
- Reuters
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.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Lithium takeovers ignite the Pilbara
One week after lithium giant Albemarle abandoned its Liontown takeover, South American lithium giant SQM is making moves of its own.
- Peter Ker
Plant-based meat start-up consolidation begins with merger
Two rival plant-based meat manufacturers have merged, the first deal in an expected wave of consolidation.
- Jessica Sier
- Opinion
- Chanticleer
More thawing needed to tempt Aussie bankers to Shanghai’s bars
A decade ago, a bankers’ roadshow wasn’t complete without a stop in the Chinese capital and financial hub. They were the good old days of restaurants in high places.
- Anthony Macdonald
Funerals group Propel says buyout offers too cheap
Australia’s No.2 funerals group, Propel Funeral Partners, has received ‘multiple’ buyout proposals but none have been compelling enough to start talks with suitors.
- Updated
- Simon Evans
- Exclusive
- Regulation
Short-staffed ASIC has gone ‘MIA on M&A’
The corporate watchdog is accused of under-resourcing scrutiny of mergers and acquisitions, company fundraisings and sharemarket listings.
- Ronald Mizen
Takeover target Pact cuts 175 jobs, pursues asset sales
Rich Lister Raphael Geminder’s miserly buyout offer for the packaging group is struggling to gain traction.
- Simon Evans
Collapsed Providoor re-emerges, bringing celeb chef meals to your home
The high-end restaurant marketplace has been scooped up by Sam Benjamin, who runs Sydney-based Seventh Street Ventures.
- Paul Smith
