Delay sparks talk of James Hardie buy-up
James Hardie’s delay in restarting its share buyback program has many tipping that the $24bn Australian-listed building materials powerhouse has acquisitions on its agenda.
Data Room
Soul Patts sells shares in Tuas through Jarden
Soul Patts is a seller of stock in the latest market block trade.
Barrenjoey exec targeted for top Citi role?
Could one of Barrenjoey’s best investment bankers be about to join a Wall Street rival?
NY hedge funds snap up excess Goodman Group stock
A group of hedge funds out of New York are believed to have been the buyers of shares in Goodman Group worth at least $813m that were sold by investment bank Citi late last week.
Investment bankers face disappointing bonus season
Equity capital markets in Australia and New Zealand have not been as active as many would have liked.
PEP expected to move on MotorOne after SG
Pacific Equity Partners’ $1.2bn deal to buy SG Fleet is increasingly being viewed as a precursor to a purchase of MotorOne.
Private equity firms keen to sell childcare centres as costs rise
Private equity firms are sitting on more than $2bn worth of childcare assets that they have been hoping to sell over the past two years because of staffing challenges.
Stanmore Coal favourite as Whitehaven exits race for Kestrel
Whitehaven Coal has bowed out of the sale process to buy the $US3bn-plus Kestrel coal mine, leaving Stanmore Coal in pole position to win the contest when it gets under way next year.
Unisuper exits APA Group
Once the largest investor of the gas pipeline owner, Unisuper has cleared out and moved on.
Citi clears $813m of discounted Goodman Group stock
The investment bank has taken a $75m hit on the botched block trade this week.
Citi promotes five to managing director
The promotions are among 344 globally, up from 304 last year.
First bids for CDC Data Centres within weeks
First-round bids for a $2bn stake in CDC Data Centres are due before Christmas and the process concludes next year, sources say.
ESR bid catalyst for change at Cromwell Property
The $US7bn privatisation bid for ESR is expected to be a catalyst for change at Cromwell Property, with the target likely to accelerate plans to sell its 30 per cent interest in the Australian listed real estate company.
Fundies on Challenger share sale watch
Fund managers are on stand-by for the next block trade out of Challenger by Apollo Global Management after the private equity firm offloaded stock in September.
Airports sale extends into the new year
The auction for the North Queensland Airports Group is believed to have been pushed out until the new year, but establishing just who is a legitimate buyer will be the first challenge.
Charter Hall weighing up Aveo interest
Big property investors such as Charter Hall and GPT Group are considering putting in offers for the retirement village operator now PEP has moved on.
Why did SG Fleet suddenly accept PEP takeover bid?
SG Fleet, after once rebuffing a bid from Pacific Equity Partners, accepted the exact same bid. Why?
UBS on ticket for $NZ1.3bn Auckland Airport trade
The Auckland Council’s Future Fund is selling airport shares to diversify its portfolio.
Goodman shares fall after $1.9bn block trade stalls
China Investment Corporation’s shares were re-offered to the market at a lower price after investors shunned the block trade.
An exit from US operations on cards as Zip’s fortunes turn
Buy now, pay later company Zip may look to exit the US, as co-founder Larry Diamond announces his departure.
Original URL: https://www.theaustralian.com.au/business/dataroom/page/4