March
Ben Brazil’s InfraBuild lawsuit spurious and illogical: Gupta
In response to a New York lawsuit, the British industrialist said bond agreements expressly allowed the use of company funds to pay GFG Alliance creditors.
Sanjeev Gupta’s InfraBuild delays accounts for third time in a month
Despite having circulated its unaudited half-year financial results to bondholders on March 3, it has repeatedly delayed a call to discuss the finalised figures.
Regal chief executive Brendan O’Connor dumps $3.4m in fund’s shares
The sale represented about 10 per cent of his holdings in the funds management business founded by stockpicker Phil King and came despite a share slump.
Hedge fund giant Bridgewater bets against Australian stocks and bonds
Founded by Ray Dalio, the American investment giant will gain if the sharemarket falls and if long-term interest rates increase, new disclosures show.
Former registrar accuses Family Court of interference and bullying
Ann Sturgess says she left a toxic workplace after two decades of service. The court claims she couldn’t take a joke.
February
Sanjeev Gupta’s last best asset faces a Ben Brazil-shaped problem
The former Macquarie dealmaker says the British industrialist’s InfraBuild must buy back $800 million in bonds. The company says it is a “nuisance complaint”.
Tabcorp delivers profit jump as Gill McLachlan swings the axe
Higher revenues and lower costs have helped the wagering giant meet expectations for the first time since it demerged its lotteries business three years ago.
The ASX queries Bendigo Bank’s disclosures after share price tumble
The regional lender surprised the market when it announced far lower earnings than expected. The bank says it is well within the market operator’s guidelines.
Former REA chief executive Greg Ellis to run Domain, for now
The Nine Entertainment-controlled real estate platform has been searching for a new boss since October. Appointing Mr Ellis will buy it more time.
Seven West says advertising dollars returning amid streaming surge
Investors shrug off poor profit update after bullish comments from the Stokes-controlled group’s chief executive, sending Seven and Nine shares soaring.
Conservative broadcaster ADH TV firms on regional free-to-air network
Licences covering Tasmania, Darwin and a swathe of South Australia were put up for sale by ASX-listed Southern Cross Austereo last year.
January
Foxtel’s new owner Len Blavatnik makes a $10b bet on big sport
The Soviet Union-born businessman made his first billion in the oil industry before reinventing himself as a music mogul. Can he pull off his third act?
Liberal lobbyist Photios brings in Labor big guns for bipartisan firm
The influential figure from the moderate faction says, despite the Coalition’s favourable polling, “the sun never sets” on a team that talks to both sides.
ARN blasts archaic ownership laws, says it would ‘look at’ Nine Radio
The high-profile media executive says ownership restrictions should be scrapped in a world where local companies are competing against massive global players.
MA Financial locks in $171m in early commitments for ASX credit fund
The alternative asset manager and corporate adviser wants to raise $300 million for its first listed income fund, planning to float the vehicle in March.
Saudi Arabia nears deal to take big stake in Foxtel’s new owner DAZN
The investment would value the British sports streaming business, in which News Corp will have a six per cent holding, at more than $16 billion.
Former Foxtel chief executive Peter Tonagh to join Nine board
The businessman has recently left the ABC board, where he was deputy chairman. His appointment comes amid a broader overhaul of the media group’s management.
Amanda Laing firms for mega Nine broadcast job amid restructure
The former Foxtel executive left the News Corp-run pay television business last year. She could soon oversee Nine’s television, radio and Stan.
John Wylie’s Tanarra Capital takes Nine stake after share price slide
The former investment banker is known for pushing companies his firm holds stakes in, from Lendlease to Tabcorp, to make major changes and spin off assets.
December 2024
Trump-loving cable network Newsmax to launch in Australia
ADH TV, launched by former broadcaster Alan Jones, will bring the right-wing news channel by expanding under the Newsmax Australia brand.