ASX 200 falls; takeover bids for Adbri, Link, Pacific Smiles; Tabcorp clinches Vic licence; Santos gets NOPSEMA Barossa nod
ASX 200 closes slightly down. Barro, CRH lob $2.1bn Adbri deal. Link backs $1.1bn offer. Carnarvon CEO steps down. Pacific Smiles says $223m Genesis move 'opportunistically timed'. Tabcorp wins Vic licence.
Welcome to the Trading Day blog for Monday, December 18. The ASX 200 finished 0.2 per cent weaker at 7,426.40 points as most sectors dipped.
The Aussie dollar is trading around US67.11c.
More Coverage
Join the conversation
Local stocks down for the week
A Friday rally of half a percentage point failed to retrace losses booked earlier in the week.
Read more
ASX 200 rises after RBA minutes; St Barbara tanks
Domestic shares closed higher after the release of minutes from the RBA’s last meeting for 2024, which received some support from the IMF overnight. SBM hit with PNG tax bill.
Read more