BlueScope management could be Whyalla first step
A move by BlueScope to manage the Whyalla steelworks on behalf of the government could be stage one of a long-term plan to find a solution for the troublesome operation, sources say.
Dataroom
US online property player launches $2.65bn Domain Group bid
CoStar has raided Domain Group, with Macquarie Securities amassing up to 10 per cent of the stock.
Top real estate banker departs Barrenjoey
The dealmaker is the first among the top ranks to leave the Australian investment firm since its launch.
Light and Wonder rivals out of the Grover game
Light and Wonder is believed to have fended off competition for Grover Gaming from groups including the Australian-listed Aristocrat Leisure and Churchill Downs Incorporated.
Lactalis taps Rothschild for Fonterra asset sale
About 30 parties are so far interested in Fonterra’s valuable portfolio of dairy brands that it has placed up for sale.
Bluescope in box seat for Whyalla, InfraBuild rescue plan
A nationalisation of Australia’s most strategic steel making asset could be on the cards with the country’s industry champion playing a role.
Cash Call: Goodman in $4bn-plus equity raising
The country’s largest listed industrial property owner is calling on investors to take part in the biggest cash call in over a year.
Potential buyers eye Healthscope
More details are filtering out into the market surrounding takeover attempts for Healthscope, with Bupa supposedly interested in operating hospitals in its portfolio.
New development in KKR deal with Perpetual
There’s some suggestion that KKR could make a bid for all of Perpetual, then return the asset management arm back to shareholders by way of an in specie distribution to get around the company’s onerous tax costs.
Private equity funds shun consumer businesses in tough times
Private equity funds have set their sights on business-to-business or business-to-government service providers when it comes to acquisitions, and reporting season so far is demonstrating why.
Fonterra kicks off $2bn-plus auction for assets
The dairy giant is calling for suitors to run the ruler over its Australia and New Zealand dairy brands.
Share rally the catalyst for KKR’s improved Perpetual offer
A decision by Kohlberg Kravis Roberts to sweeten the deal for Perpetual’s corporate trust and wealth management units comes after the shares of the financial group have rallied this year.
Worley has the wood on major global rival
Engineering firm Worley could be in sharp focus for deal-makers next week when the group reports its half-year results, as its major global competitor, Wood, comes under intense pressure.
Whyalla steelworks contamination spreads to listed Aussie corporates
The fallout of the GFG Alliance, controlled by Sanjeev Gupta, is linked to outstanding debts to customers from South Australia’s major steelworks.
Terms of Oaktree Capital’s offer to Star Entertainment revealed
The casino operator’s key lenders are refusing to bow to pressure to offload their loans at steep discounts.
AMCI hunts for Fitzroy mine buyer
Coal mining investor AMCI is offloading an interest in its Fitzroy mining complex in a quest to attract an investment worth about $100m.
CDPQ zeroes in on CDC as Telstra considers asset sales
Data centres are in strong demand from investors, and asset owners are cashing in.
Perpetual weighs revised KKR proposal for units
Perpetual’s negotiations over the sale of its corporate trust and wealth management units to Kohlberg Kravis Roberts may be close to ending as KKR returns with an improved offer.
With Healthscope in hospital, Ramsay in focus
The woes around cash-strapped Healthscope have prompted private equity firms to pay closer attention to its larger rival Ramsay Health Care, which could shape up as a major winner should the former collapse.
HMC moves in on Healthscope opportunity
The listed real estate group says all options are on the table for ensuring its major hospital tenant keeps trading.
Original URL: https://www.theaustralian.com.au/business/dataroom/page/3