Tourism Holdings likely to reject BGH Capital’s $470m takeover bid
Analysts believe the latest offer for the campervan company will be rejected by the private equity firm, currently on a tourism sector buying spree.
Analysts believe the latest offer for the campervan company will be rejected by the private equity firm, currently on a tourism sector buying spree.
The New Zealand listed dairy giant is playing hardball with Bega Cheese as a Japanese suitor closes in.
The oil and gas heavyweight looks set to delist from the ASX with the company backing a near $30bn buyout from the Abu Dhabi National Oil Company.
Buying out a rival to one of its businesses cost Quadrant Private Equity millions, but it could be seen as down payment for a lucrative exit in the years ahead.
Two bankers who followed their boss from Credit Suisse to Macquarie are expected to move with him again, this time to JPMorgan.
The deal will help to fund Greatland Gold’s purchase of the Telfer gold mine from Newmont last year.
Arnott’s private equity owner is divesting its less lucrative Asian and Australian units.
Adriatic Metals’ directors have recommended a $1.9bn buyout offer from Canada’s Dundee Precious Metals.
The group, which is already listed in the United Kingdom, purchased the Telfer Gold Mine and the remaining 70 per cent interest in the Havieron gold project from Newmont last year.
The New York-based buyout fund won the contest after final bids for the renewable energy provider were due last week.
Original URL: https://www.theaustralian.com.au/author/bridget-carter/page/2