CIC sells down $1.9bn in Goodman
China Investment Corporation is in the process of selling a $1.9bn parcel of shares in the industrial property powerhouse Goodman Group.
China Investment Corporation is in the process of selling a $1.9bn parcel of shares in the industrial property powerhouse Goodman Group.
The Auckland council owns an 11 per cent stake in the $12bn Auckland Airport through its Auckland Future Fund.
There had been speculation that the private equity firm had been keen to sell out of the copper miner.
The Carlyle Group now looks set to buy Waste Services Group.
Origin is accelerating its strategy to expand renewable energy and storage in its portfolio.
The gold miner entered a trading halt on Tuesday as it taps the market for $220m.
Global buyout funds including Blackstone, The Carlyle Group and CVC have been running the ruler over Timezone amusement arcade owner The Entertainment and Education Group.
Private equity firm Affinity Equity Partners has hired investment bank Goldman Sachs to explore sale options for its Scottish Pacific business in a deal set to be worth over $1bn.
Northern Star has won over investors but will its De Grey play pay off?
DataRoom understands the Asian private equity fund is exploring an initial public offering for the company on the ASX next year.
One obvious candidate is the former Toll Global Express business, now known as Team Global Express and owned by rival private equity firm Allegro Funds.
This year has seen only a handful of major distress opportunities in the private equity space, but concerns are mounting that a number of groups are shifting their problems down the line.
The move to shore up its defences no doubt has been brought on by fears of an opportunistic buyout offer.
Embattled private hospital operator Healthscope is understood to have embarked on the sale and leaseback of its hospital equipment in an effort to get money through the door.
Now that Genesis Capital appears to have gained control of Pacific Smiles, the sale process for rival dental care chain Ekera Dental, owned by the Growth Fund, could reignite.
The next chapter for Peabody Energy following its acquisition of Anglo American’s coal mines for up to $5.8bn will be funding the assets.
The sale of the business is likely to conclude next month.
Ramelius Resources’ move on smaller rival Spartan could be contingent on the release soon of its feasibility study into its Rebecca-Roe development.
The passing of the federal government’s aged-care bill is expected to trigger a fresh round of merger and acquisition activity in the sector.
Fonterra’s request for a court ruling on the rights Bega Cheese has in its licensing agreement is understood to have been triggered by prospective buyers wanting clarity ahead of its asset sale.
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