Business growth fund backs Victorian manufacturer
The Australian Business Growth Fund has invested an undisclosed sum into Victorian carpet manufacturing device business Modra Technology.
Data Room
Country Road results to shine spotlight on retail sector
When Country Road Group’s releases its full-year results it will shine a spotlight on the fashion sector and Myer’s looming deal to buy a stable of brands from Solly Lew’s Premier Investments.
Blackstone closing on AirTrunk
Blackstone has emerged as the front runner in the blockbuster $20bn sale of Macquarie-owned Asia Pacific data centre giant AirTrunk.
Hitachi pumps $10m into Envirosuite
Hitachi Construction Machinery has invested $10m into Australian richlister-backed Envirosuite to aid the Tokyo-listed company’s net zero ambitions.
New faces to drive Citi on both sides of ditch
Citi has hired former head of institutional sales at Perennial Partners, Dan Birch, who joins the firm as head of markets sales New Zealand, tasked with driving client engagement.
Beston considers dairy bid as Maggie Beer flags sale
Beston Global Food Company is weighing a bid for its core cheese and lactoferrin arm, while Maggie Beer Holdings has also flagged the sale of its dairy division.
Chinese test investor appetite for their $5bn Goodman stake
Goodman is back in the spotlight, with suggestions state-owned China Investment Corporation could be testing the market to sell down its stake in the industrial property powerhouse.
Winners and losers on bonus day for Barrenjoey bankers
Excitement was building in the offices of investment bank Barrenjoey on Friday, when bonus payments were revealed.
Ex-Metcash boss tipped for The Warehouse
If Adamantem eventually succeeds in its pursuit of New Zealand retail chain The Warehouse, former Metcash CEO Ian Morrice could find himself at the helm.
GIP set to pay $1.8bn for Singapore Power stake in Jemena
GIP is believed to be working with banks to fund a proposal wto buy an interest in the Jemena gas business from Singapore Power.
Magnetic proves a pull for potential suitors
The Raleigh Finlayson-led Genesis Minerals is considered a logical suitor for emerging listed gold producer Magnetic Resources, but South Africa’s Gold Fields has been in the data room.
SingPost ready to begin its $1bn local sale
Singapore Post is believed to be ready to start the sale process of its Australian business, which includes its Freight Management Holdings and CouriersPlease business.
Jemena suitor lines up acquisition of stake in $5bn gas business
One prospective buyer has dropped out but another is starting to look increasingly likely as it progresses towards an acquisition of Singapore Power’s 40 per cent stake in Jemena.
Southern Cross confirms TV unit on the block
The broadcaster has confirmed it is back in active talks with Paramount’s Network Ten about a sale of its regional television assets.
Shareholders drag their heels on Paladin’s Fission deal
Paladin Energy’s $1.3bn acquisition of Fission Uranium is facing a delay with shareholders slow to register to vote on the deal.
Post bank back on Labor agenda
A government-owned bank created out of Australia Post is understood to be back on the agenda.
Poor form means new Tabcorp boss likely to tap market
Tabcorp is another company that will likely see a newly appointed chief executive move to tap the market following a disappointing result on Wednesday.
Pacific Smiles has plenty to smile about as profits double
Dental care chain Pacific Smiles proved on Wednesday why the company was so sought after in a recent takeover battle, after more than doubling its underlying net profit to $8.5m.
Co-owners seek exit from MPC Kinetic
Private equity owners of MPC Kinetic are trying to stage an exit, six years after considering a float.
Yancoal could target Kestrel if its Anglo ambitions fail to fly
Locally listed miner Yancoal may try to snap up the $US3bn Kestrel coal mine from its private equity owner, EMR Capital.
Original URL: https://www.theaustralian.com.au/business/dataroom/page/19