NextDC-backed cloud provider turns takeover target
An underperforming cloud services provider one third-owned by NextDC has found itself the target of competing takeover bids.
Victoria Business
Struggling game maker takes on onerous loan to stay afloat
Game developer Mighty Kingdom has raised money at an onerous rate to keep the lights on but says it is still working on corporate opportunities which could deliver value.
Goldman Sachs gives Foxtel deal the tick of approval
News Corp will have a stronger earnings profile and be better focused on its digital property growth drivers following the sale of Foxtel to DAZN, Goldman Sachs says.
Sports streamer DAZN buys Foxtel in blockbuster $3.4bn deal
New ownership for subscription giant Foxtel and its hit brands Kayo and BINGE is set to shake up Australia’s media and sport landscape.
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Inside John Gillam’s renovation rescue at Lendlease
The former hardware boss believes Lendlease can get its glory back. This involves ‘the right kind’ of risk.
A bit ruff: No dog is worth $60k in vet fees
Scott Pape loves his new kelpie pup but there’s no way he’ll be forking out $60,000 in vet fees like one of his financially-strained, dog-obsessed Barefoot followers did.
How Rio’s powerplay is rewriting the rules of lithium
The mining giant’s $10bn bet has electrified the struggling industry. However, Rio will bring a different mindset to lithium.
Tech and resources high among this week’s experts’ share tips
Aussie mining, energy and technology stocks are on the radar of our share market tipsters. See their recommendations.
The best ETFs of the past five years
Exchange traded funds, which let investors buy into entire sectors or markets with just one transaction, are going from strength to strength. But some ETFs are stronger than others.
Guzman discovers the problem of being popular
The spicy fast-food player has so much growth loaded into its shares Guzman is now more expensive than Nvidia. That puts it in a growth trap.
Why global money is rethinking ‘anything but China’ trade
Big investors are preparing to play in China again, but the wild swings are not for the faint hearted.
15 banks refuse to back Vales Point coal-fired power station
Fifteen banks have refused to offer the owner of the Vales Point coal-fired power station credit on emissions grounds, creating a red-tape crisis for the company.
Bids for collapsed Beston Global Food Company due soon
Beston Global Food Company, which failed owing more than $72m, must find a buyer or a bailout to survive, administrator KPMG says.
West African Resources gets reassurance on mining permits
West African Resources says the Burkina Faso government has confirmed its gold mining rights in the nation are not under threat.
Original URL: https://www.dailytelegraph.com.au/business/victoria-business/page/25