MinRes plays spoiler on Essential Metals takeover
IGO and Tianqi’s takeover bid for the WA lithium play could face a counter proposal, with Chris Ellison’s Mineral Resources tipped as a big buyer.
Companies
The power won’t go off when Liddell does
The closure of AGL’s Liddell coal-fired power generation plant in a fortnight won’t cause any electricity supply shocks, say retailers and energy officials.
‘Outdated’: Inside the battle to save Tupperware from collapse
The iconic kitchen essentials brand was a staple in many households across Australia, but changing times could see Tupperware and its famed parties relegated to the history books.
Standing up for respect and diversity
After painful schoolyard lunchtimes, driving diversity is personal for AIA Australia chief Damien Mu.
CTM in major $3bn UK asylum seeker contract win
Corporate Travel Management will source ‘complex’ accommodation and transport for asylum seekers from around the world under a new contract which sent the group’s shares soaring.
EY Oceania to explain why split is off the table
EY Oceania staff will meet in days to discuss the shelving of plans to separate its audit and consulting arms.
OZ Minerals shareholders back $9.6bn BHP deal
Australia’s biggest ASX-listed copper company will exit the bourse after OZ Minerals’ takeover by BHP sailed through Thursday’s shareholder meeting.
Fintech Brighte ‘turnaround’ after losses, lay-offs
This Mike Cannon-Brookes-backed start-up, dubbed the ‘Afterpay for solar’, says profitability is within reach despite a difficult 2022.
Mutuals position to poach Suncorp customers
Australia’s biggest mutual, after the merger of Heritage Bank and People’s Choice Credit Union, is preparing to introduce a new brand as part of its growth plans.
Quinbrook buys into US renewable fuels sector
Quinbrook Infrastructure Partners is seeking to make a splash in the fuels and biogas sectors with the purchase of US-based PurposeEnergy.
‘Time is right’ to reform merger rules: ex-ACCC boss
Rod Sims wants the government to act quickly on proposed merger approval changes, which he believes will boost the economy and alleviate cost` of living pressures.
Plumbfirst in urgent sale as administrators appointed
Plumbing and electrical contractor Plumbfirst has been placed in voluntary administration with WLP Restructuring seeking urgent expressions of interest for the company.
ACCC calls for reform as buyers push merger boundaries
Gina Cass-Gottlieb has urged sweeping changes to Australia’s merger authorisation processes, warning that companies are often ‘pushing the boundaries’ on deal reviews.
Appian taps Crown Perth chair to bolster Aussie ranks
From health insurance to casinos, John Van Wielen is now advising London-based private equity group Appian Capital Advisory on deals and corporate strategy.
`Significant doubt’: Auditors worried over tech firm’s future
A troubled video tech company has been hit by another blow after the auditors refused to sign off on its interim results which they said raised `significant doubt’ on its future.
Rinehart’s Kidman sells four cattle stations
The historic properties were put up for sale in November, prompting months of rumours about who would take over the holdings.
Jobs for Labor mates as AusPost faces new troubles
Former Labor staffer hired to fill ‘gaps’ in 60 person team which now has no leader after shock exit of Sally Mackenzie after just 8 months.
Underground hydrogen storage plan for SA’s Far West
A potentially large hydrogen project near Elliston in regional South Australia will examine the feasibility of storing the gas underground in engineered salt caverns.
Pallet inventory growing after shortage scare: CHEP
The availability of wooden pallets has been improving since the pre-Christmas shortage that threatened supply chains.
Forrest-backed firm sends free Covid tests to PNG
Medical technology start-up SpeeDx is putting a $5m investment from Andrew Forrest to work, sending thousands of Covid-19 tests to Papua New Guinea.
Original URL: https://www.theaustralian.com.au/business/companies/page/200