Aveo, one of Australia’s largest retirement living operators, is set to trade and Street Talk has the skinny on another bidder at the bingo table.
It’s GIC eyeing the business, currently owned by Brookfield, and the Singaporean sovereign wealth giant has had its global real estate chief Goh Chin Kiong on the ground in Australia to oversee the negotiations.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
