November
Macquarie’s ‘bittersweet’ $11.6b Qube bid backed by big investors
The takeover offer for the ASX-listed logistics group is being supported by some institutions, but others think the infrastructure investor could pay more.
Macquarie makes its biggest-ever local bet with $11.6b Qube bid
The sprawling logistics operator is one of the last large infrastructure plays on the ASX, and some brokers suggest its suitor will have to increase its offer.
CVC DIF-backed rail-freight leasing biz stitches up $439m debt package
New lenders Natixis CIB, Canadian Imperial Bank of Commerce and Rabobank have come in alongside Rail First’s global lender syndicate.
October
How ANC builds brands while moving boxes
One in four ANC deliveries includes an extra service. From BBQ assembly to rehoming old goods, this family-owned business is redefining logistics.
September
PE player in $70m carve out from old Investec
Attalis has roped in New Zealand’s Accident Compensation Corporation as a cornerstone equity investor.
August
Aggression towards postie staff on the rise in Victoria
Aggressive behaviour and break-ins are particularly evident in Victoria, Australia Post CEO Paul Graham says, as tough times coincide with tougher competition.
No customers for new Sydney rail hub a year after opening
Qube’s new interstate rail terminal at the Moorebank logistics park has not signed up any new customers despite opening more than a year ago.
Aurizon axes more jobs as net profit slides 25pc
The rail freight operator is cutting more corporate jobs and extending a stock buyback after annual net profit dipped to $303 million.
WiseTech faces competition concerns after $3.2b acquisition of e2open
Freight operators have told the ACCC they fear a sudden spike in prices after the company purchased rival software used to create customs documents.