Today
Breathing room: Healthscope lenders in standstill vote
Instead of preparing Healthscope for a float, Brookfield has been forced to inject emergency funding into the company.
Yesterday
PM Capital first bid for Platinum funds eight months ago: sources
This column can now reveal this isn’t the first time PM Capital has lobbed a proposal.
EV bus builder GoZero clinches $400m valuation; kicks off IPO campaign
Morgans and MA Moelis Australia have been appointed joint lead managers on the IPO and will be in the fast lane for a mid-2025 listing date.
Shareholders barred from Keybridge meeting as court freezes assets
Sources say observers who showed up in person were also prevented from entering.
Newcastle-born ESG consultant Umwelt courts PE; $100m price tag tipped
Umwelt’s managing director Barbara Crossley, also a non-executive director at The University of Newcastle, has expanded it from a small, regional player to nine offices across the country.
Real Pet Food appoints Citi for $1 billion sale
RPFC is one of the largest pet food companies in Australia and the biggest producer of fresh chilled pet food in the world.
WAM hires eight brokers for $400m IPO
Street Talk understands Wilson Asset Management has tapped Taylor Collison, Morgans Financial, E&P Capital, Ord Minnett, Canaccord Genuity and Commonwealth Securities.
Take me home, Country Road; eyes on Woolworths SA’s next move
The acquirer interest – understood to preliminary and include industry and high-level due diligence from at least two firms – comes at the back end of a troubling period for Country Road.
This Month
Telix Pharma CEO in $120m block trade; taps JPMorgan
Telix boss Christian Behrenbruch and the other seller had agreed to a 12-month escrow.
WAM fires up brokers for $400m IPO; Westpac legend on board
Wilson declined to comment, however broker sources told this column a deal to raise as much as $400 million is poised to launch.
Brad Banducci in pole position to lead Ticketek-owner TEG
The Woolworths executive is among a handful of top executives being canvassed for the role by executive search outfit Egon Zehnder.
Platinum bloodbath has Regal Partners eyeing up its LICs
Platinum, widely credited as a pioneer among global equities fund managers in Australia, has shrunk to a shadow of its former self.
Light & Wonder weighs sole ASX listing; Jarden to advise
If it pushes ahead, the listing could be a meaningful event for the ASX given Light & Wonder’s heft – capitalised at $US8.97 billion on the NASDAQ.
Bingo lenders shop debt after S&P downgrade
Sharp-nosed credit funds in Sydney have fielded approaches from New York’s Cantor Fitzgerald, which is said to be shopping a $100 million-plus parcel of Bingo debt.
Ticketek-owner TEG casts the net wide for new CEO search
Geoff Jones is at the helm but sources said the long-serving chief executive is coveting an executive chairman role.
Affinity Equity Partners operative Mark Chudek named partner
Chudek will report to the firm’s Asia partners, led by founding chairman and managing partner KY Tang.
Perth’s Land Surveys brings in bankers to locate growth capital
ISGroup has mandated Deloitte partner Emma Wright to help raise capital for future opportunities, in addition to developing a corporate strategy.
Left out of BHP’s $4.4b copper deal, NGEx courts Aussie fundies
This type of charm offensive is typically a precursor to a deal – often a secondary listing or capital raising.
Pallas nails down $185m construction warehouse facility with big bank
The Double Bay-based shop has just recorded its most active quarter, finalising $807 million in new loan settlements in the December quarter.
Australian Ethical comes within inches of pinning down Future Super
Sources said its Steve Gibbs-chaired board went as far as instructing Macquarie Capital to prepare to raise equity to bankroll the deal last week, before pulling the plug.