Yancoal primed to snap up Anglo coal portfolio
Speculation is mounting that Swiss commodities trader Glencore is betting on a break-up play for the Anglo American coal portfolio, and that it may only be bidding for some of the assets.
Data Room
Bowen Coking Coal gets investors over the line for $70m raise
After doubts its raising would succeed, Bowen Coking Coal is believed to have won over investors to tip in more funds.
Victoria builder Symal to list as $437m company
Symal will head to the ASX boards in late November.
Hot healthcare auction starts to cool as bidders reassess I-MED
Some of the bidders in one of the country’s hottest healthcare auctions are asking plenty of questions.
Why Gina Rinehart moved like lightning on MinRes
Chris Ellison, the embattled boss of Mineral Resources, needed money through the door fast. And it was Gina Rinehart who answered the call.
Bowen struggles to raise $70m
Bowen Coking Coal appears to be struggling to raise the $70m it was searching for at the start of this month, as its shares continue to be suspended from trading.
Whitehaven positions for a tilt at giant Kestrel coal mine
Whitehaven Coal is understood to be positioning itself to line up for the $US3bn-plus Kestrel coal mine process when it comes up on offer.
EMR Capital readies adviser to consider options for 29Metals
Private equity firm EMR Capital is believed to close to hiring an adviser to decide what to do with its stake in copper miner 29Metals.
Eyes on Wesfarmers as MinRes pressure intensifies
Could Wesfarmers be part of the solution for Chris Ellison at a time he fends off pressure for Mineral Resources to raise equity?
Vault considers buying out hedge book
Speculation is mounting that Vault Minerals could soon buy out its gold hedge book which would likely lift its share price
Ageing Rex fleet a deterrent for potential buyers
Suitors looking at buying regional carrier Rex are said to be focusing on the state of the airline’s fleet, with market experts suggesting it is proving problematic for prospective buyers.
Singapore Post’s EFM pulls in the big names
Singapore Post’s fourth-party logistics business EFM is believed to be the drawcard as the group calls for final bids for its $1bn Australian business sale.
Gordon lieutenant to have prominent role in reshaping Nine
Bruce Gordon-backed executive Andrew Lancaster is expected to have an increasingly influential role in the reshaping of Nine Entertainment.
Star chief mulls options in $150m funds target
Star CEO Steve McCann is targeting institutional and strategic investors to secure the $150m needed by Christmas to convince the embattled casino operator’s lenders to provide more money.
BofA analysts ascribe value to Cuscal ahead of IPO
Payments company Cuscal will prove a big test for the market when it comes to appetite for initial public offerings.
MinRes chair books investor meetings amid CEO fallout
Mineral Resources chair James McClements is trying to calm the storm surrounding allegations raised against the company’s billionaire founder.
Mosaic Brands enters receivership, KPMG hired
The company behind some of Australia’s most iconic fashion brands and which controls 700 stores has been placed into administration.
Lenders could extend their deadline for Star raising
Star Entertainment’s lenders may extend the deadline for the casino operator to come up with the $150m it needs to raise as a condition for them providing an additional $100m of debt.
Brokers to be appointed for HMC’s DigiCo float
Retail brokers could be appointed as early as this week for HMC Capital’s $2bn initial public offering for its DigiCo Infrastructure REIT.
Busy bond market with three popular issues
Australia’s bond market proved lively last week, with three issues. The Bank of Queensland launched a floating rate bond with a 10.25 year final maturity that can be called after 5.25 years.
Original URL: https://www.theaustralian.com.au/business/dataroom/page/10