Doubts surface over offer for Genex Power
The Genex Power share price has thrown up questions about whether a consortium led by the interests of Atlassian co-founder Scott Farquhar will proceed with acquisition plans.
The Genex Power share price has thrown up questions about whether a consortium led by the interests of Atlassian co-founder Scott Farquhar will proceed with acquisition plans.
Power giant AGL Energy faces impatient investors looking for a cohesive plan to guide it through massive electricity market volatility.
He’s done it again. Mike Cannon-Brookes has dusted off the M&A cap and put listed payments business Tyro into play.
Tyro Payments may have been struggling for some time, and the question is whether another bidder is lurking at the right price.
Co-founded by Ryan Smith – who now owns an NBA basketball team with Mike Cannon-Brookes – Qualtrics is defying the tech downturn, and its own falling share price.
The tech company has poached a key Meta executive to scour for talent as it plans to reach 25,000 staff, putting it on a par with the likes of Qantas and Telstra.
Top offshore investors are embracing big-ticket Australian technology precincts such as the $1.8bn Atlassian headquarters being built in Sydney.
Angry demonstrators have accused a major tech company of having blood on its hands as it continues to operate in Russia.
Atlassian co-chief executive Scott Farquhar has laid out plans to hire more than 1000 technology professionals across Australia and New Zealand over the next 12 months.
Atlassian billionaire Scott Farquhar’s takeover target Genex Power remains in a strong position to deliver on growth ambitions after trimming its losses and generating record revenue.
The Atlassian billionaires are no strangers to renewable energy. Co-founder Scott Farquhar and wife Kim Jackson have upped their bid for Genex Power to $346m.
The group, which is delivering a $1.8bn timber tower for software giant Atlassian, is optimistic that the building costs will stop rising over the next 12-18 months.
The new HQ of two ex-Atlassian workers and a popular Melbourne croissant store have nabbed a home in Oxford St.
A series of share sales could see Mike Cannon-Brookes and Scott Farquhar even more cashed up, giving the local billionaires deeper pockets for their spending sprees.
Amid broader challenges in the tech sector, the Mike Cannon-Brookes and Scott Farquhar-led company has posted better than forecast sales figures.
ASX rises for the third straight week. Miners gain on commodity prices, RBA tips jobless rate to fall further, Block drops on revenue hit and investors sell energy stocks.
The board of renewable energy generation company, Genex Power has rejected a takeover bid by Skip Essential Infrastructure Fund.
A $300m bid by Atlassian billionaire Scott Farquhar and private equity player Stonepeak has been rejected but Genex has left the door open to a higher offer.
Genex shares have surged after receiving a $300m takeover offer from a consortium headed up by the wife of Atlassian billionaire Scott Farquhar.
Scott Farquhar and his investment partners launch a $300m takeover bid for the Queensland renewables developer.
Original URL: https://www.theaustralian.com.au/topics/mike-cannon-brookes/page/10