Maas may tempt building materials operators
The consolidation in the building materials industry could continue, with some asking whether one of the major participants in the industry makes a play for the $1.6bn listed Maas Group.
The consolidation in the building materials industry could continue, with some asking whether one of the major participants in the industry makes a play for the $1.6bn listed Maas Group.
Elders had been stalking Delta Ag for years, but getting the deal right was all about timing.
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.
Original URL: https://www.theaustralian.com.au/author/bridget-carter/page/2