Jarden, Macquarie tapped for $NZ1.4bn Auckland Airport raise
The largest airport across the Tasman is asking investors in Australia to assist in raising funds for upgrades.
Data Room
GIP suspends sale of PN stake
The $2.5bn-plus sale process for GIP’s 27 per cent stake in the Pacific National business has been suspended amid challenging conditions in the logistics industry.
Pellegrino’s future in spotlight as Domain faces privatisation
Following the announcement of the departure of Nine boss Mike Sneesby, attention is now turning to the online real estate spin-off Domain and its CEO Jason Pellegrino.
Tabcorp boss Gillon McLachlan may consider services sell-off
Analysts at Macquarie believe it is worth about $610m, based on an underlying earnings multiple of about 10 times.
CKI considers selling Wellington Network stake
The poles and wires would certainly be worth much more now, particularly given the huge profits power companies are reaping across the Tasman.
Lenders face Star gamble
Star has five options: raise equity, strike a convertible bond deal, sell more assets, find a buyer – or become insolvent
Aussie buyers chase $NZ1.5bn Kiwi electricity network
New Zealand councils wanting to raise money through asset sales are providing lucrative opportunities for Australian infrastructure investors.
Bidders on the home stretch for Healius imaging unit
The last suitors left in the running for the $700m Healius diagnostic imaging business are putting the finishing touches on their final offers.
Cuscal gets cracking on revived IPO plans
The window for initial public offerings and other equity capital markets deals could be reopening with a rally on the ASX.
Raisings raise interest as market movers seek new deals
Capital raising activity and block trades are once again ramping up, judging by some recent interesting moves in the market.
Westpac auto loan back book sale hits roadblock
There is talk in the market that Westpac’s auto loan back book sale may have stumbled.
Problems bubbling away in real estate market
Oaktree Capital Management’s head of Australian real estate, Ben Coughlin, has described the state of the US credit markets as very capital constrained and fragmented.
Crescent Capital sells Australian Clinical Labs shares for $200m
The private equity firm sold its 30 per cent stake in Australia’s third largest pathology network, in what is the latest block trade to hit the market.
Bids in for Anglo American’s $US4bn coal mines
First round offers have landed for Anglo American’s coal mines, but market moves by Illawarra Coal’s new owners could sway the result.
ARN Media ditches Southern Cross tie-up
The radio broadcaster that controls the KIIS and Gold network will instead focus on increasing earnings in its Hong Kong-based outdoor advertising business.
Big PE names line up for Singapore Post’s $1bn Aussie assets
Singapore Post’s Freight Management Holdings and CouriersPlease businesses could soon be owned by private equity.
Brookfield poised to strike deal with Healthscope lenders
After months of negotiations, Brookfield’s lenders have agreed a refinancing deal for its private hospital operator Healthscope.
REA investors wary of $10bn UK buy
Investors are querying whether REA Group, which is considering buying the UK’s $10bn Rightmove for cash and scrip, could be paying too much.
Australian annuities a challenge for Apollo
Apollo Global Management’s selldown in Challenger came as no surprise as there had been chatter about disquiet with the investment.
Real estate bankers get busy on $718m HPI takeover
After a lull in mergers and acquisitions activity in the real estate space, Charter Hall and its super fund backers have decided now’s the time to strike.
Original URL: https://www.theaustralian.com.au/business/dataroom/page/17