Wilson pulls out of Platinum stakes
WAM and Paradice Investment Management have lost interest in Platinum Asset Management, leaving one potential suit left, sources say.
WAM and Paradice Investment Management have lost interest in Platinum Asset Management, leaving one potential suit left, sources say.
IPO-bound Cuscal’s on-market performance is likely to be an indicator of interest rate movement sentiment, it is believed.
Macquarie Group is thought to be working on two equity raisings to be announced this week, one of which could involve building products giant James Hardie and its acquisition strategy.
A private equity fund believed to be Asia-based is understood to be in the final stages of the $1bn competition for Waste Services Group.
Cuscal will be the largest IPO of the year when it lists later this month with a $479m market value.
The country’s largest grain handler, GrainCorp, has once again flagged that acquisitions are on its agenda while delivering its full-year result on Thursday.
While Xero’s major lift in Australian customers could spell bad news for the Kohlberg Kravis Roberts-owned rival MYOB, analysts believe that this is not necessarily the case.
Some investors are opting take profits in the dental care chain that has been subject to a year-long takeover battle.
Private equity firm Permira could be assessing its next move for I-MED, with talk that buyers have cooled on the opportunity.
At least one buyer is circling the EQT-owned New Zealand retirement villages operator, Metlifecare.
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