NewsBite

UBS

This Month

Zuercher, who is also co-head of global investment management for Asia-Pacific, pictured in Sydney this week.

Why this $6.5 trillion investor is betting big on the $A

UBS believes the Australia dollar is one of the best ways to play the decline of US exceptionalism and the loss of faith in the world’s reserve currency.

Prego, owned by KKR’s The Arnott’s Group, has more than a 90 per cent-plus market share in dry pasta and sauces in Malaysia.

PE player CVC has a sweet tooth for Arnott’s Asian arm

The KKR-owned business formally began reaching out to interested parties in April via sell-side adviser UBS.

May

EBOS CEO John Cullity.

UBS kicks off $880 million block trade in EBOS

The block trade of circa 26.7 million shares represented 13 per cent of the shares on issue.

xx

How this couple grew a digital photo event business from $1000 to $5m

Husband and wife team Warwick and Carla Groves have built Guestpix into a global player with customers in 100 countries. And it started in their own backyard.

PointsBet chairman Brett Paton. His holding was once worth $230 million.

Brett Paton quietly exits Escala for son’s fund

The Melbourne dealmaker left the wealth manager. But he’s more than busy as chairman of PointsBet.

Advertisement
The Boston Celtics were sold for $US6.1 billion in late March, a record for a North American sports franchise.

Celtics deal a slam dunk as investors cheer Catapult result

Catapult Sports shares hit record highs on Wednesday as its CEO said increased investment in professional sports team would drive demand for its products.

Barrenjoey’s Matthew Grounds at the 2023 AFL Grand Final.

Barrenjoey’s burrito orders are coming from inside the house

It was written in the stars – the investment bank’s lobby at it’s Bridge St HQ will soon feature a Guzman y Gomez.

Helloworld CEO Andrew Burnes.

Ring, ring! It’s Helloworld Travel calling for Webjet chair

Helloworld boss Andrew Burnes sought and was granted audience with Webjet chairman Don Clarke around the time of its substantial shareholding notice, where he floated the idea of merging the two travel agents.

xx

Ley to lead Libs; Don’t ignore bears; Sydney business lunch tips

Read everything that’s happened in the news so far today.

Deutsche Bank is beefing up its infrastructure and utilities coverage.

Deutsche nabs UBS banker to head up infrastructure and utilities

The German bank has hired UBS executive director Jonathon Platt to head up infrastructure and utilities coverage across Australia and New Zealand.

Southern Cross Media Group chief executive John Kelly.

Sandon moves to spill Southern Cross board...but it’s ready to hit back

Street Talk understands the board Southern Cross board has secured the backing of its four largest shareholders, representing around 50 per cent of the register.

Guild Insurance is Australia’s leading provider of insurance for allied healthcare professionals.

The Pharmacy Guild’s insurance biz brings in UBS

ASX-listed insurance giant Suncorp and Employers Mutual Limited are known to be keeping a brief on the niche insurer.

April

From our factory to your living room floor: Employees produce Christmas stuffed toys for export in Lianyungang, Jiangsu Province of China.

China’s export orders plunge in alarming first look at tariff damage

China’s factory activity slipped into the worst contraction since December 2023, revealing an early impact of Donald Trump’s trade war.

Coles said total supermarkets price inflation was broadly stable at 1.5 per cent in the March quarter.

Coles sees healthy sales growth as shoppers flock to home brands

Supermarket giant maintains its advantage over rival Woolworths, with group sales up 3.4 per cent in the third quarter to $10.4 billion.

UBS Australia may not be top of the ECM league tables, but it’s sell-side research analysts are hot among the biggest commission payers on the street.

Best IB research and trading teams revealed by Peter Lee rival

UBS Australia may not be top of the ECM league tables, but it’s sell-side research analysts are hot among the biggest commission payers on the street.

Advertisement
xx

Trump eases car tariffs; Hrdlicka’s new job; Trade deals’ 2 big problems

Read everything that’s happened in the news so far today.

Laura Sutcliffe will join Citi as head of healthcare research in July.

Citi nabs UBS analyst to head healthcare research

Laura Sutcliffe will join the Wall Street bank in July.

Huawei shows off its energy storage systems at Shanghai’s Smart Energy Expo last year.

China and South Korea extend battery battle from EVs to grid storage

China has the upper hand on technologies and volume production, but the trade war means its main rival is better placed to exploit the US market.

China vows steps to ease exporters’ pain as Trump’s tariffs hit

Beijing laid out policies to aid exporting companies, including plans to ensure troubled firms get the loans they need, and to boost domestic consumption.

Mercedes is launching an electric version in its CLA class in China this year as it seeks to be more competitive in a crowded market.

Western car makers plot China comeback with local know-how

Volkswagen, Toyota and others have adopted “in China for China” plays to win back consumers who have shifted to more affordable and tech-packed homegrown EVs.

Original URL: https://www.afr.com/company/ubs-group-ag-1mva