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.
Dataroom
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.
BGH Capital’s CyberCX sale pushed down road
A sale of BGH Capital’s cybersecurity business, CyberCX, is possibly further off now as its most likely buyer, Telstra, has other priorities.
Austin has hearty appetite but nothing ‘to warrant disclosure’
Perth-based Austin Engineering has made no secret of its appetite for acquisitions, clearly laying out plans in its full-year results.
Treasury’s big names on the block but who’s buying?
Deal-makers are unsure who will acquire the commercial wine brands of Treasury Wine Estates after Pernod Ricard sold its Australian business to Bain Capital.
MinRes, Mitsui in the spotlight
Speculation is mounting that Chris Ellison-backed Mineral Resources could be in talks with Japan’s Mitsui.
Elanor taps Denison Partners for hotel sale
Investment bankers are getting busy on real estate sales for the troubled Elanor Investors.
Pressure mounts for IFM to buy ISPT
A merger between IFM and ISPT has been a long time in the making.
PEP in their step as private equity firm goes hunting for Waste
After timing divestments nicely at the market’s peak two years ago, Pacific Equity Partners is keen for acquisitions.
Commonwealth Super could sell CDC Data Centre stake
A sale process could be triggered if Commonwealth Super sold its $2bn stake in the data centre operator.
Pel-Air shines as jewel in Rex’s tarnished crown
The regional carrier may wind up as a break-up candidate, with its air ambulance service drawing interest.
Suitors lining up for Kinetic
First round offers are due soon for the SkyBus owner, with the British arm drawing particular interest.
Barrenjoey trading specialist jumps ship to Goldman Sachs
Goldman Sachs has made a new hire, picking up one of Barrenjoey’s trading specialists.
Oaktree closing in on securing AZ NGA buy
Oaktree Capital Management is understood to be progressed on a deal to buy the Italian-backed accounting and financial firm AZ NGA for at least $600m.
Original URL: https://www.theaustralian.com.au/business/dataroom/page/25