Today
Westgold climbs up to 19.9pc of listed junior in non-core assets sale
Listed tiddler Alicanto Mineral has negotiated an earn out-heavy deal to buy Mt Henry gold mine in WA’s Norseman region from the $5.6 billion player.
Fixed income giant Insight tips into Sydney non-bank lender Midkey
The funding will help the start-up expand locally and build out its loan book, which currently has about $100 million out to borrowers with average age of 54 years.
Yesterday
After Bondi attack, Australian Jews weigh the unthinkable – leaving
For years, prominent figures of communities in Sydney and Melbourne have warned their security was under threat. Now some are looking for “plan B and plan C”.
Two rabbis, 10-year-old girl, budding football star among Bondi victims
At least 16 people were killed, including a gunman, and dozens more injured in the Bondi Beach shooting on Sunday, NSW Police said. Here are the details so far.
Humm’s agitating shareholders get cracking with board spill
Sources said these shareholders are tossing between calling the meeting under the 249D section of the Corporations Act or the 249F.
Origin Energy, AGL court private capital for billions in green assets
Origin Energy boss Frank Calabria and AGL Energy CEO Damien Nicks have put bankers to work in hunting billions to bring their renewables pipelines to life.
CDC Data Centres preps $5b debt package, eyes equity raising
CDC’s advisers have started warming up large lending banks for a 2026 launch and are pushing hard on the terms and margins.
Treasury Wine Estates keeps MacCap close amid outlook update
Shares in the company, which closed on Friday at $5.49, have lost more than half their value over the past year.
Scarcity Partners-backed VC hits final close on $200m credit fund
The fund has secured total commitments of $US130 million ($195 million) from Japanese institutional investors.
This Month
Peet Ltd’s strategic review ramps up, Goldman courts potential buyers
People briefed on the matter said Peet executives were in Sydney earlier this month, meeting with interested parties.
‘They’ve overpaid’: Sembcorp’s $6.5b Alinta buy has M&A circles in a spin
The deal makes Alinta far more valuable than AGL, even if an M&A premium of 30 per cent is thrown in.
Resignations at Morgan Stanley Wealth Management’s Brisbane offices
The Brisbane exits include executive directors Steve Moon and Peter Seldon, director Blake Sweeny and associates Connor Mauro and Andrew Spathis.
Dealmakers, ex-PwC bigwigs press play on BGH-backed advisory roll-up
This will be the first in a series of acquisitions towards establishing a professional services firm, not at a PwC or EY scale, but significant.
Sharon AI pre-IPO raising upsized; seeks $2b debt
Allocation emails have gone out to bidders saying the deal is done and has been upsized to $150 million following strong demand.
Federation AM freezes fund amid shipping biz Fast Group debacle
It is understood its deal makers have raised concerns regarding the disclosures provided during due diligence at the time of the acquisition.
Sembcorp signs $6.5b deal to buy Alinta Energy
The deal was a point of discussion during Singapore prime minister Lawrence Wong’s first official visit to see his Australian counterpart Anthony Albanese in October.
HSBC mothership changes course on Australian retail bank’s sale
HSBC head office has given its sell-side advisers the green light to shrink the sale process of its $30 billion-plus loan book.
Ellerston-backed defence play charts course for the ASX; banks appointed
The Whiskey Project Group has appointed Morgans Financial and Canaccord Genuity as joint lead managers for the IPO.
Macquarie Capital ructions put spotlight on Joyce’s leadership
What will be the fallout for Tim Joyce, Macquarie Capital’s head honcho in Asia for the last nine years?
Aware Super calls in bankers at the $3b Victoria land titles registry
Aware acquired the business for $2.86 billion from the government in 2018 under a 40-year concession, paying 26- to 30-times earnings.