Today
KKR taps advisors, preps multi-billion dollar bid for Alinta Energy
KKR’s dealmakers have hired investment bank Barrenjoey for advice and have spent the past two months working on a proposal for Alinta Energy.
- 1 hr ago
- Sarah Thompson, Kanika Sood and Emma Rapaport
Swedish giant Epiroc among bidders for Potentia’s Micromine
Micromine is 2025’s biggest tech deal to cross Street Talk’s desk so far. It is also one that Potentia’s warring co-founders, Andy Gray and Tim Reed, hold the closest to their hearts.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Here’s why Chemist Warehouse is really worth $32b
As Chemist Warehouse celebrates the $32 billion marriage with Sigma, it’s clear how vital the retail chain’s culture will be to the deal. Here are the secrets of that culture.
- James Thomson
Yesterday
Bye bye, Brookfield: US giant exits Loscam Asia Pacific auction
It is unclear who, if anyone, is still active in the auction after Brookfield’s departure.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Telstra mulls putting its $200m data centre business on the block
The telecoms giant has asked investment banks for their best ideas on what to do with the assets amid heightened demand for AI-adjacent infrastructure.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Eyes on franchisee sell orders ahead of Chemist Warehouse’s ASX debut
Short interest in Sigma has ticked up from under one per cent last year to a three-year-high of 5.62 per cent at February 6, the most recent data available.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Billionaire family backs Vitura’s purchase of medicinal cannabis firm
The ASX-listed company will acquire Candor Medical, a telehealth consultations provider, with the backing of wealthy businessman Charlie Shahin.
- Simon Evans
This Month
Advent eyes quick radiology flip with PEP on the scene
PEP is understood to me in talks to buy Advent Partners’s Imaging Associates with Sayers Group on the scene to advise.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Making waves: Glow Capital invests in water sports electrification biz
Foil Drive is Glow’s second deal this year, and comes after it last month picked up a stake in cosmetics contract manufacturer Delta Labs.
- Sarah Thompson, Kanika Sood and Emma Rapaport
PEP lines up $800m debt package for SG Fleet bid
It comes as the PEP, advised by Barrenjoey and Citi, waits on the independent expert report and proxy reports before a scheme vote expected to be called in March.
- Sarah Thompson, Kanika Sood and Emma Rapaport
KKR set to rejig $2.2b bid for Perpetual; board calls meeting
Perpetual’s directors have been summoned to a board meeting scheduled for late Tuesday, as KKR prepares to rejig a $2.2 billion bid that was stung by a hefty tax bill.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Analysis
- AI
Musk probably won’t take over OpenAI, but investors should still worry
Elon Musk’s attempts to buy OpenAI is the latest in a flood of potentially market-shaking events, which make the fortunes of the world’s biggest companies anyone’s guess.
- Paul Smith
FIRB go-slow on China approvals hindering capital flows
Closer scrutiny of Chinese investment in Australia’s energy transition is also slowing the development of new wind and solar farms, lawyers say.
- Angela Macdonald-Smith and Ryan Cropp
Anything less than $5 for Insignia is opportunistic, says shareholder
Indian Pacific’s Preston Hamersley told Street Talk he finds himself in a bittersweet position as bids for the ASX-listed wealth manager rain down.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Citi’s head of sponsors resigns; heads to Rothschild
Marrison was among Citi staffers elevated to managing director in December after a solid 12-months.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Morgan Stanley loses crown as chief Goldman Sachs rival
Both JPMorgan and Evercore generated more financial advisory fees last year, marking a change in the Wall Street guard.
- Joshua Franklin and Sujeet Indap
Cockfight! Roc battles rivals for Aware’s $1b-plus chicken farmer
The bidder mix suggests property-rich poultry players have been engulfed by the ever-expanding boundaries of “core-plus infrastructure” in Australian M&A.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Pokie machine maker Ainsworth close to paying out for shareholders
Ainsworth has revived takeover talks with its largest shareholder, Austria’s Novomatic.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Morrison lobs bid for $2b-plus Zenith Energy
Morrison, KKR, EQT Partners and Morgan Stanley Infrastructure Partners have submitted first-round bids for the remote power specialist.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Rising small cap miners hit the road with NDRs amid gold price boom
Fund manager sources who spoke to Street Talk say they anticipate capital-raising activity will pick up this year.
- Sarah Thompson, Kanika Sood and Emma Rapaport