Skip to navigationSkip to contentSkip to footerHelp using this website - Accessibility statement
Advertisement

Mergers & acquisitions

Yesterday

AusUnity, Lendlease lob RetireAustralia bids; wait on stage two

Fund manager Morrison & Co appears on track for another tidy payday.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood

Santos chips off 5pc PNG LNG stake in $US1.4 billion deal

Kumul Petroleum has made a binding offer to Santos to buy an additional 5 per cent shareholding in the PNG LNG project.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood

Ramsay shares slide as KKR talks officially dead

Australiaโ€™s biggest private hospital operator says it is still โ€œopenโ€ to a buyout deal, but not one with a similar value to KKRโ€™s latest effort.

  • Simon Evans

IFM Investorsโ€™ war on Atlas Arteria gets personal

IFM Investors is raising questions over the capability of Atlas Arteriaโ€™s board and management team as it gears up to battle for more control of the toll road group.

  • Jenny Wiggins

Link Group misery with shares less than half IPO price

Canadaโ€™s Dye & Durham has a โ€œrobust pipelineโ€ of other deals after the failed buyout of Link, which is paying a special 8ยข dividend.

  • Simon Evans
Advertisement

Why this Czech tycoon wants to buy our coal mines

Sev.en Global Investments wants to add thermal and coking coal mines to its Australian portfolio, with CEO Alan Svoboda saying the energy transition will take longer than some expect.

  • Angela Macdonald-Smith

Fifth time lucky? Link Group CEO says heโ€™s up for another merger deal

After an epic $2.5 billion deal with a Canadian suitor fell over, Vivek Bhartia is still ready to sell all or parts of Link. But heโ€™s in no hurry.

  • Hans van Leeuwen

Why charities could be losers of the Equity Trustees-Insignia deal

Critics say the $135 million transaction would create a supermarket-style duopoly in the century-old market for philanthropic trusteeship.

  • Aleks Vickovich

This Month

Anticlimax coming to Westpac wealth auction

Westpac Banking Corp needs to get its skates on if it is to get out of its wealth unit with its credibility intact.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood

Burrito ambition: Guzman Y Gomez seeks $1.6b valuation in selldown

Guzman Y Gomez is seeking an eye-watering $1.6 billion valuation for the mexican food chain as they put a $150 million parcel of shares on the market.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood

Big MACA instos hit Thiess bid, rusty retail next

It looks like the retail investor-led resistance at mining services group MACA Ltd is starting to crack.ย 

  • Anthony Macdonald, Sarah Thompson and Kanika Sood

Aware, Yarra cut cheques for PAG frozen pies and meals play

Investment bank Morgan Stanley has put some balance sheet on the line for PAG Asia Capital, underwriting its entry into the frozen section of Australiaโ€™s supermarkets.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood

Linkโ€™s Dye & Durham deal dead after court meeting

Itโ€™s all over in Dye & Durhamโ€™s two-year-long battle to buy Link Group.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood

Last rites for $2.5b buyout of Link Group

The financial fallout from the 2019 collapse of a Woodford retail fund in the โ€“ UK which Linkโ€™s subsidiary administered โ€“ proved too much.

  • Simon Evans

OZ Minerals gives green light to $1.7b copper-nickel mine

It is a move that could result in the miner emerging with a heavyweight electric vehicle partner, and complicate the situation for suitor BHP.

  • Updated
  • Brad Thompson
Advertisement

Jucy to drive off with 310 campervans in $39m Apollo deal

Ten months after a proposed merger, campervan rental players Apollo Tourism and NZโ€™s Tourism Holdings are closer to the finish line.

  • Updated
  • Simon Evans

Link keeps Dye & Durham waiting after FCA fine estimates

Link Groupโ€™s lawyers were headed to the court on Friday morning with shareholder votes, while Dye & Durhamโ€™s camp stewed over its silent treatment for the past 48 hours as FCA fines loom on the deal.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood

Macquarie elbowed aside in $3.4b Suez UK deal

It looked like a done deal, but waste management giant Veolia has been forced to sell Suez UK to a French consortium instead.

  • Hans van Leeuwen

UBS works to bottle Kraft Heinz Aussie carve-out

American multinational Kraft Heinz has investment bank UBS helping assess options for its Australian business, including a potential carve out and sale to a trade or private equity buyer.ย 

  • Anthony Macdonald, Sarah Thompson and Kanika Sood

CWP Renewables race narrows; Origin, AGL groups shortlisted

Origin Energy and AGL Energy will go head-to-head in a $4 billion battle for CWP Renewables, after their respective consortiums were shortlisted for the auctionโ€™s second and final round.ย 

  • Anthony Macdonald, Sarah Thompson and Kanika Sood