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Company mergers

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’Cause I’m free to do what I want any old time: Elon Musk has just liberated himself from the X debt.

Elon Musk just had his own Liberation Day

The merger of social media platform X with Musk’s artificial intelligence start-up xAI will allow him, his co-investors and X’s banks to exit the struggling business unscathed.

  • Stephen Bartholomeusz

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Forty per cent of first home buyers in Sydney and Hobart were priced out of their property market even before the latest surge in house values.

Domain takeover to crack open a new stage for Nine

The online real estate marketplace majority owned by Nine Entertainment has received a sweetened “best and final offer” from heavyweight US suitor CoStar. .

  • Calum Jaspan
The Reject Shop could soon be Canadian-owned.

‘Money from heaven’: The Reject Shop set for $259m sale to Canadian giant

Australia’s largest discount variety retailer could soon be in Canadian hands.

  • Miriam Steffens and Gemma Grant
BHP is pivoting to copper as iron ore demand has peaked.

What’s next for BHP? The moment is ripe for copper’s biggest deal

The world’s biggest miner is turning to copper as iron ore demand wanes. It’s time to go for a mega takeover BHP has always shied away from: Going after the biggest copper mine of all.

  • David Fickling
A Nissan electric vehicle displayed inside the company’s Ginza showroom in Tokyo.

Scrapping $97b Honda deal would leave Nissan stranded

Like the driver who stubbornly insists they know where they’re going but ends up lost, pride may have caught up with Nissan when it shelved its tie-up with Honda.

  • Gearoid Reidy
Olivia Wirth, executive chairwoman of Myer, with Solomon Lew who offloaded his apparel brands business and will take a board seat at the department store chain.

Jay Jays, Dotti, Portmans still ‘well-loved, cherished’ brands, Myer CEO insists

Myer investors have overwhelmingly voted in favour of the mega-deal that chief executive Olivia Wirth says sets up the department store for the long term.

  • Jessica Yun
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Saxon Hill is among those concerned about a proposed merger being reviewed by the ACCC.

Why this street parking takeover has the watchdog concerned

A proposed merger between the largest suppliers of on-street parking in Australia has sparked warnings about the impact on councils and ratepayers.

  • Daniel Lo Surdo
Jack Gance, chairman and co-founder of Chemist Warehouse.

A $9 billion pharmacy Goliath is born, and not everyone’s delighted

The new mega-chemist and wholesale supplier will be to retail pharmacies what Bunnings is to hardware, what JB Hi-Fi is to electronics or what Dan Murphys is to booze.

  • Elizabeth Knight
No one drives a harder deal than Solomon Lew, chairman of Premier Investments.

Revenge is sweet and profitable for rag trade king Solly Lew

If share prices of Premier Investments and Myer are any indications, this deal is a hit. 

  • Elizabeth Knight
Myer has acquired a suite of Solomon Lew’s clothing brands.

Myer buys billionaire Solomon Lew’s clothing brands in $950m deal

Myer will acquire a suite of Premier Investments’ clothing brands in Australia and New Zealand, giving the businessman a seat on its board.

  • Sumeyya Ilanbey

Original URL: https://www.theage.com.au/topic/company-mergers-1mod