Today
Game on at Selfwealth as rival bidder AxiCorp muscles up to Bells
Investor sources told this column that AxiCorp has lobbed multiple offers at the SelfWealth board over the past few months but received the cold shoulder.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Amcor’s whopper $76b tie-up shows it’s ready to rule the world
It’s one of the biggest deals of the year – and the financial numbers are eye-catching. Imagine $US650 million in synergies.
- Anthony Macdonald
This Month
EQT targets $22.4bn for private capital Asia fund, launches roadshow
The firm has put a $22.4 billion ($US14.5 billion) hard cap on its BPEA Private Equity Fund IX fund raise.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Former UBS real estate operative pops up at rival bank
Street Talk understands the investment bank has drafted in ex-UBS veteran and head of real estate sales and execution Tim Leahy.
- Sarah Thompson, Kanika Sood and Emma Rapaport
New hires love Jefferies’ cash bonuses. Just don’t try to leave
Unlike other investment banks, the fast-growing New York firm offers upfront payment instead of deferred stock. It seems to be working, as headcount grows.
- Jemima Whyte and Sarah Thompson
VC-backed video start-up 90 Seconds fields interest, hires advisers
90 Seconds’ owners have hired Singapore-based boutique investment bank Sansa Advisors to field inbound inquiries and oversee the diligence process.
- Sarah Thompson, Kanika Sood and Emma Rapaport
IFM Investors’ stake in Atlas Arteria creeps up to 30pc
The infrastructure investor paid $4.96 per share – or a skinny 2.3 per cent premium to the on-market trading price – in a block trade handled by Jarden’s equities desk.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Former Macquarie head of fixed income pops up at boutique debt adviser
Macquarie veteran Alan Cameron notched up a 16-year career at the bank before retiring in 2023.
- Sarah Thompson, Kanika Sood and Emma Rapaport
M&A deals to spike ahead of merger reforms, says Corrs
The new regime is likely to capture more deals and involve longer reviews, the law firm has warned.
- Sarah Thompson, Kanika Sood and Emma Rapaport
The Ivy to host Barrenjoey banker bash
The upmarket nightclub will play host to the investment bank’s staff Christmas bash next month.
- Mark Di Stefano
Advent Partners seeks buyer for SaaS biz Medtech; calls in bankers
Advent Partners made its investors a four-times return with Compass Education. Now it’s keen to replicate that success with healthcare SaaS Medtech.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
The day tough-talking investors flipped on a dime
Many fund managers changed their tune dramatically last week. This survey captured it.
- Anthony Macdonald
Peter Lee reveals the most loved analysts and traders of the year
The 2024 broker review is the result of interviews with more than 100 of Australia’s largest institutional equity investors.
- Updated
- Sarah Thompson, Kanika Sood and Emma Rapaport
Wilsons healthcare analyst jumps to Barrenjoey
Melissa Benson will work alongside Nick McGarrigle and Josh Kannourakis in the emerging companies team.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Alvarez & Marsal lands advisory role on $4b Novotech sale
Bain and Kohlberg are both running hard at the asset and are expected to submit binding offers at the end of this month.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Australian Retirement Trust eyes stake in $16b CDC Data Centres
It comes two months after ART sold its 7 per cent stake in AirTrunk into the Blackstone bid, booking a $1 billion exit off a $300 million investment.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Waste Services Group narrows to two-horse race; final bids loom
US private capital juggernaut The Carlyle Group and Pacific Equity Partners’ buyout team are both through to the final binding bidding stage.
- Sarah Thompson, Kanika Sood and Emma Rapaport
New York’s Evercore sells out of local advisory firm Luminis Partners
The investment bank dubbed Goldman North for its success and uptown headquarters has been a partner of Simon Mordant’s Australian firm since it was founded in 2015.
- Jemima Whyte
Jefferies Australia fields bidder interest for Mayne Pharma Group
Almost 90 per cent of Mayne’s revenue comes from ex-Australia customers suggesting it may be difficult to prosecute a strong argument for keeping it wedded to ASX.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Fuel on the fire: Wall Street star Brian Friedman on the Trump trade
The Jefferies president arrived in Sydney as his company’s shares were closing 11.2 per cent higher. He can thank Donald Trump for the boost.
- Anthony Macdonald