Airport stake worth $1bn shopped by brokers
A block trade involving Auckland Council shares out of Auckland International Airport could soon be in flight.
Dataroom
Decision time for Platinum co-founder on Regal deal
Kerr Neilson has been keen for an exit from Platinum Asset Management but is the mooted deal with rival Regal Partners what he really wants?
Miners vie for MinRes offering
Japan’s Mitsui is understood to have lobbed a low-ball offer for Mineral Resources’ onshore Perth Basin assets, prompting the Chris Ellison-backed company to run an auction.
Mosaic Brands negotiates with landlords for rent reprieve
The owner of brands including Rivers, Katies and Autograph is on life support as it battles tough economic conditions.
Affinity storms home in Healius auction
Affinity Equity Partners appears well placed to buy Lumus Imaging, taking on contest favourite TPG Capital Partners and PEP with a final bid worth about $700m.
Charter Hall’s takeover of HPI stalls
Charter Hall Retail REIT is unlikely to make a higher offer for Hotel Property Investments even though a price well over $4 a share is needed to get a transaction over the line.
Private equity eyes Ramsay
There’s talk in the market again about a deal involving Ramsay Health Care, with a private equity firm said to be pulling together a management team to run the business.
Kerr Neilson kingmaker in Regal’s Platinum play
Regal’s bid for Platinum looks highly opportunistic, but it may be just the start of negotiations.
Star set to unveil survival plan, results next Wednesday
The future of the country’s second-largest casino operator may be hanging in the balance, but lenders have offered it a lifeline.
All a-go-go now on the IPO runway
Australian firms looking to list this year need to hit the IPO runway now if they can make a deal happen by Christmas.
IGO changes focus to M&A, considers acquiring Rio Tinto asset
Australian listed miner IGO is understood to be weighing the acquisition of one of Rio Tinto’s assets in Western Australia.
Odyssey’s AUB stake on the block
Block trades keep coming thick and fast as the ASX approaches record highs, and the latest is Odyssey Investment Partner’s 9 per cent stake in $3.5bn listed insurance broker AUB.
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.
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.
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.
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.
Original URL: https://www.theaustralian.com.au/business/dataroom/page/22