Energy giants eyeing Woodside
Oil and gas industry consolidation may still have some playing out to do as there’s belief $50bn Australian company Woodside is in the sights of global heavyweights.
Oil and gas industry consolidation may still have some playing out to do as there’s belief $50bn Australian company Woodside is in the sights of global heavyweights.
Results reported on Tuesday offered a mixed bag of responses by shareholders to the mergers and acquisition carried out by Australian listed companies.
There’s fears that the worst is not yet over for Fletcher Building as it announces a new chief executive.
Webjet’s move to carve up the company is all about making it worth more, with its business travel unit currently seen as undervalued.
Negotiations for Stonepeak to buy a 40 per cent stake in Jemena are not officially off but a deal is starting to look increasingly doubtful, say sources.
Parties keen to haul Anglo American’s lucrative Australian metallurgical coal assets into their stable are positioning themselves to lob first-round offers for September 9.
A float of Virgin Australia has been pushed back by about a year, say sources, after the carrier recently entered talks with Rex about taking on some assets from the failed regional carrier.
Deal makers working on the backdoor listing of Chemist Warehouse into Sigma are confident they can get a transaction past the competition watchdog without major adjustments.
Investment bank Macquarie Capital is understood to be searching for buyers of private equity firm EQT’s New Zealand retirement village operator Metlifecare.
The Healius Lumus Imaging sale process is shaping up as a two party battle, with TPG Capital and Pacific Equity Partners believed to be the last contenders in the contest.
Westpac’s former head of mergers and acquisitions, Harvey Carter, is believed to be launching a boutique advisory firm with a focus on deals related to financial services and investments.
Attention is turning to Clayton, Dubilier & Rice as the likely buyer of Orora Packaging Solutions, which is up for sale for more than $1.5bn through Jarden and UBS.
The drums are beating more loudly that Amanda Laing will surface at Nine Entertainment as its next chief executive with chairman Peter Costello interviewing potential leaders.
Revived talks between Vocus Group and TPG Telecom for a sale of the latter’s non-mobile fibre assets are understood to be well progressed, but price is the issue.
Kohlberg Kravis Roberts, Permira and Pacific Equity Partners are believed to be ready to bid for the assets of Fonterra Oceania.
New York-based private equity fund Blackstone was thought to be considering a bid for Iress valuing the stock at about $2bn, however that’s where Iress is currently trading.
South32 is becoming a point of focus among deal makers, with expectations growing it could be about to embark on some sort of transformational corporate activity.
The $2bn Australian listed metal recycling company Sims is shaping as a break-up prospect, with various shareholders believed to be keen for a sale of its North American unit.
The Queensland Investment Corporation is believed to be circling the data centre operator iseek, which is up for sale through Amber Infrastructure.
Orora could almost pay off all its debt with an exit from its US packaging services.
Original URL: https://www.theaustralian.com.au/business/dataroom/page/21