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Street Talk

Yesterday

  • Pubs
  • Deutsche gets ball rolling at Public Hospitality recapitalisation

    Street Talk understands a new $200 senior lending facility has been put in front of the group’s existing lenders.

  • Mergers & acquisitions
  • MA Moelis tapped for $500m Contract Resources sale

    The Australian energy and gas services play is controlled by Perth-based Viburnum Funds and global private equity firm SCF Partners.

  • Mergers & acquisitions
  • Los Angeles turnaround expert to rival Allegro at Fletcher’s Tradelink

    Street Talk understands Los Angeles-based private equity firm Pacific Avenue Capital Partners has thrown its hat in the ring.

  • Investment banking
  • Credit Suisse COO set to pop up at Westpac

    Street Talk understands chief operating officer Katrina Glover has left the Swiss investment bank after 19 years. 

  • IPO
  • ASX dog Domino’s Pizza a timely reminder for GyG

    The downward slide of Domino’s Pizza is a sobering reminder of just how tough it is in the fast food franchise market.

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  • Mergers & acquisitions
  • Federation Asset Management gains Japanese foothold

    The investment in Astris Advisory comes directly from Federation’s coffers and represents a big bet on the $US4.2 trillion economy and its asset management sector.

    This Month

  • Capital raising
  • Deutsche Bank backs $210m Bendigo Hospital public-private refinance

    Street Talk understands the German bank has come in as the project’s long-term lender, refinancing an existing bank syndicate.

  • Mergers & acquisitions
  • Anacacia taps into the golf craze with MGI investment

    Street Talk understands Anacacia’s Private Equity IV fund is seeking to acquire 80 per cent of family-run golf motorised buggy retailer MGI Golf.

  • Liontown Resources
  • Liontown in offtake deal to replace banks; eyes on POSCO

    Sources said the company was close to announcing an offtake deal to replace those banks – with the South Korean steel manufacturer said to be involved.

  • Mergers & acquisitions
  • West African Resources in $120m cash call; Euroz Hartleys on ticket

    The 87.6 million new shares were offered to investors at $1.37 apiece.

  • Mergers & acquisitions
  • Big lick of Spartan Resources shares trade, again

    Street Talk spotted three trades in the West Australian gold explorer after Monday’s closing bell.

  • Morgan Stanley
  • $200m-a-year Opal HealthCare courts buyers; Morgan Stanley hired

    While it remains to be seen how much of the business will be on offer, a big enough cheque will no doubt get everyone on board.

  • Mergers & acquisitions
  • Baby bump: Investors probe Baby Bunting’s surging share price

    A simple explanation for the dramatic share price increase is it could finally be turning the corner after a very challenging period.

  • Capital raising
  • Liverpool Partners hires Macquarie Capital for Seisma sale

    Diligence materials on Seisma, which makes close to $25 million in earnings, are in front of a small group of offshore strategics and local sponsors.

  • Capital raising
  • ASX aspirant Sable Rubber rules off pre-IPO raise

    A data room is open with Sable targeting client technology investment funds for a future capital raise.

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  • Mergers & acquisitions
  • Cat Daddy time! How ARN, Southern Cross could resume merger dance

    The obvious step is for ARN to approach Catalano and nut out a deal which would effectively see ACM assume Anchorage’s original position.

    June

  • Capital raising
  • Deutsche Bank trades its Adgemis debt; kicks off Gemi talks

    Street Talk understands major lender Deutsche Bank has traded positions in five assets to US private credit group Muzinich in recent weeks.

  • Capital raising
  • Alffie, Open Colleges seek new owner; Blackpeak on sell-side

    The two businesses are 80 per cent owned by Peter Murphy’s Melbourne family office, Pan Group.

  • Capital raising
  • Marketboomer secures capital injection from Salter Brothers

    Salter Brothers’ equities team originated and structured the transaction, while the Tech Fund led the investment.

  • UBS
  • Stonepeak’s got company in final furlong of Global Switch auction

    Stonepeak’s local dealmakers, led by Darren Keogh, have participated in several auctions for infrastructure and energy assets.

    Original URL: https://www.afr.com/street-talk