KKR out of race for Westpac’s car loan unit
The exit leaves private equity firm Cerberus and non-bank lender Liberty Financial as the most likely acquirers of the auto lending book.
Dataroom
Elliott in line for BHP’s coal assets
BHP has recently short-listed parties to buy its coal mining portfolio, and the understanding is that Elliott is now in the final stages of the competition.
Downer a pointer for Ventia ahead of IPO?
Analysts believe the $4bn company Downer is the best comparable for CIMIC’s Ventia, which is set to float by year’s end.
UBS eyes Santos asset selldown
Energy giant Santos is thought to be moving further down the track towards a selldown of about $5bn worth of infrastructure assets.
APRA delays weigh on Colonial, Westpac deals
The sale of a stake in Commonwealth Bank’s Colonial First State wealth management business to KKR is unlikely to gain approval until December.
Altium shuns Autodesk but dance not yet over
Investors on Monday were questioning whether other groups such as Samsung, Ansys or PTC may also try to launch a bid for the $3.6bn software company Altium.
Perpetual looks for new blood
The $2.2bn wealth manager Perpetual is believed to have recently held a beauty parade to replace Macquarie Capital as its defence adviser.
Catalyst burns off stake in Dusk
Catalyst Investment Managers offloads 7.2pc interest in candles retailer Dusk Group after it embarked on an IPO last year.
Altium rejects Autodesk bid
The $3.6bn computer software company Altium has rejected a buyout proposal from US multinational Autodesk.
BGH in $1.3bn bid to buy Hansen
Hansen Technologies plans to recommend shareholders accept a $1.3bn takeover offer by private equity firm BGH Capital.
Thai firm wins auction for New Energy Solar
Banpu owns coal mines but its purchase of New Energy Solar’s Australian operations shows it’s trying its hand at renewables.
Banks in beauty parade as CIMIC pursues Ventia sale
CIMIC and Apollo Global Management are believed to be pressing ahead with plans for a float of their services business Ventia.
Overwhelming demand for BlueBet IPO
Bookmaker BlueBet closed its initial public offering ahead of schedule on Friday due to overwhelming demand.
Blackstone-backed fund joins towers race
A new telecoms infrastructure heavyweight has emerged in the Optus towers contest: Phoenix Tower International.
Denham taps JPMorgan for renewables sale
Denham Capital has hired US investment banking giant JPMorgan for the sale of its $1 billion-odd portfolio of Australian and Asian energy assets.
Perpetual break-up possible
Suitors circling $2.2 billion wealth manager Perpetual are looking at a break-up.
29Metals IPO priced at $2.00
The initial public offering of copper miner 29Metals has priced at $2 per share, the lower end of the range.
Barrenjoey poaches UBS banker
New investment bank Barrenjoey Capital’s hiring push has snared another recruit, with Peter McKerracher to join from UBS.
Overseas players eye BHP’s coal
Bids for BHP’s non-core coalmines have hit the desks of the company’s advisers, with overseas groups so far dominating the contest.
Banks give leeway to Sunraysia Solar Farm
A consortium of seven Asian banks has agreed to extend a deadline surrounding loan payments of the troublesome Sunraysia Solar Farm.
Original URL: https://www.theaustralian.com.au/business/dataroom/page/189