ASX 200 gains; Lendlease in $4bn offshore retreat; Star suitor proposes turnaround; Aust Vintage suspension
Australian Vintage extends suspension as Accolade ends talks. Star suitor proposed turnaround strategy. Restructure boosts Lendlease. Healius to offload Lumus. Neuren soars after drug trial. Cettire jumps.
Welcome to the Trading Day blog for Monday, May 27. The ASX 200 index closed 0.8 per cent higher at 7788.30 points, with the real estate sector leading the gains.
The Aussie dollar is trading around US66.40c.
More Coverage
ASX sets record close despite pullback; HMC confirms Healthscope talks
David Di Pilla-led HMC eyes Brookfield-owned hospitals operator. Cochlear falls on trimmed guidance. Dividend disappointment weighs on AMP. GFG Alliance puts NSW coal mine on the block in debt plan. Mirvac soars on return to profit.
ASX steady as miners gain; CBA rises, IAG down
Sigma gains as $300m worth of shares change hands. Alliance Aviation's labour costs growing after first industrial action in two decades. IAG top loser as investors miss buyback. Temple & Webster top gainer. 'Cleaner result' sees ASX Ltd soar.