Genex rejects billionaire Farquhar’s bid
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.
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.
ASX up for a fifth straight session on gains led by energy. Lithium miners rally, United Malt plunges on costs drain, IAG hit with class action and Mike Baird joins Future Generation.
EnergyAustralia could hold the cards when it comes to determining whether a $300m buyout of Genex Power stacks up.
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.
ASX unchanged as miners gain and tech slips. Genex soars on Scott Farquhar bid, AOF dives on Aliro exit, EML smashed on update and Flight Centre jumps on guidance upgrade.
Climate 200 campaign director Byron Fay has refused to say whether Atlassian billionaire Mike Cannon-Brookes contributed to the $13m war chest.
Sustainability lover Annie Cannon-Brookes has been revealed as the resort’s new owner who plans to preserve its ‘natural beauty’.
Early employees at Canva, Atlassian and Airbnb are backing this syndicate, which began as a private investment fund for a Shark Tank star.
Green financier Brighte, which is backed by Atlassian co-founder Mike Cannon-Brookes, is seeking to raise more capital after slashing its workforce by 15 per cent.
Redundancies are likely as tech companies brace for months of pain ahead and the industry loses hundreds of millions in shareholder value, experts say.
The Atlassian co-founder had requested two positions, but his private investment vehicle says it has been impressed with the inbound interest from ‘high-quality independent … candidates’.
Australia’s fifth richest person called Elon Musk’s work policies ‘something out of the 1950s’, and the Tesla billionaire has returned serve.
You know you’re among Sydney’s elite when school council AGM attendee Scott Farquhar is subject to zingers about the takeover style of Mike Cannon-Brookes.
Atlassian co-founder Mike Cannon Brookes has responded after a huge win that will drastically alter Australia’s biggest polluting company.
The power generator and retailer should prepare for its demerger to be voted down, the Atlassian billionaire warns in a letter.
This Sydney software company has been handed an honour previously received by the likes of Google, and CEO Siobhan Savage says she ‘doesn’t want to screw it up’.
JPMorgan was in the market on Tuesday buying a $292m stake in AGL Energy equating to 5 per cent.
Mike Cannon-Brookes has written to small AGL Energy investors, urging them to turn out and vote against splitting the company in half.
Atlassian and other technology companies have already endured months of pain on the share market, but experts warn there is more to come.
Jeremy Kwong-Law has had an interest in the AGL Energy demerger for more than a year. And as the Atlassian billionaire’s right hand man, he has plenty of sway.
High profile tycoon Mike Cannon-Brookes is enduring a ferocious sell off on the tech-heavy Nasdaq where a range of Australian controlled ventures are being belted.
Atlassian co-founder Mike Cannon-Brookes has made a huge play that could alter Australia’s energy landscape.
This booming food delivery firm is poaching staff from Atlassian and Uber and says it will double in size by the end of the year.
The Sydney start-up backed by Mike Cannon-Brookes and Scott Farquhar has tripled its workforce in the past 12 months.
Dexus and Frasers have unveiled the next leg of the multi-billion dollar precinct next to Sydney’s Central Station that is already garnering strong interest.
The software giant is but one of a series of technology companies looking to put their stamp on the city as workers return.
Cape aims to double its headcount after raising $3.1m in new equity and a separate $30m debt facility to build out its corporate card expense management business.
Billionaire co-founders Mike Cannon-Brookes and Scott Farquhar have changed their tune after first describing Russia’s invasion of Ukraine as ‘complex’ and ‘hard’ for employees in both countries.
Named as one of its fastest growing start-ups ever, Reejig has received the backing of Atlassian co-founder Scott Farquhar as it looks to expand.
Original URL: https://www.theaustralian.com.au/topics/scott-farquhar/page/6