Today
- Analysis
- Southern Cross Media
ARN Media’s M&A record holds out for elusive win
After seven months, the dream of an ARN-Southern Cross combination fell apart. But if history is any guide, M&A has been a source of unease for ARN investors.
- Jemima Whyte
This Month
Brookfield’s Healthscope debt trap is a mess for everyone involved
The investment giant is bringing its punchy approach to restructuring – and tactics more often found in the US – to Australia as it works on the hospital group.
- Jemima Whyte
- Analysis
- Analysis
Time for Rio Tinto dual-listing rethink with Anglo American in play
Trading the spread between the value of Rio Tinto’s dual-listed London and Australian shares is usually the province of specialist arbitrage funds. But BHP’s tilt at Anglo American has it back in focus.
- Jemima Whyte
April
BHP has UBS, Barclays in corner as it eyes mega Anglo American deal
Sources close to discussions said negotiations were at an early stage and other miners were interested in the London-based producer of platinum and copper.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Another casino operator is in trouble. Nobody is talking about it
Star Entertainment has been tearing itself apart. But SkyCity is also in a world of pain, with lenders sceptical, money tight and management in disarray.
- Zoe Samios
- Analysis
- Lendlease
Why this time might be different for serial underperformer Lendlease
A demerger is often the go-to solution for companies weighed down with an underperforming division. But it might not stack up for under-pressure Lendlease.
- Jemima Whyte
- Analysis
- Macquarie Group
What is Macquarie’s secretive green investment arm even worth?
Valuations of renewable assets are volatile, and exits remain hard. At least one investor thinks the banking giant should get itself out of the business.
- Jemima Whyte
March
- Analysis
- G8 Education
G8 tries to escape childcare’s returns quagmire
The biggest listed player in childcare posted better profit results. But after years in the shareholder doldrums, many hurdles to consistent profit loom.
- Liam Walsh
Customers may hate supermarket anti-theft tech, but investors don’t
Coles share price rise is partly due to its ability to take advantage of tech like artificial intelligence to stop thieves and appeal to more shoppers.
- Paul Smith
February
- Analysis
- Telstra Corporation
Telstra dials up cost cuts as big business puts it on hold
Almost a year into running the telco, chief executive Vicki Brady needs to quickly tackle poorly performing businesses before they become too much of a drag on profit.
- Jenny Wiggins
Everything you need to know about the ANZ/Suncorp Bank decision
On Tuesday, the Australian Competition Tribunal will decide if the $4.9 billion deal can be done. Whichever way it goes, the ramifications will be significant.
- James Eyers and Liam Walsh
- Analysis
- Ingenia Communities
Over-50s housing group Ingenia gets a glow-up
An incoming CEO, the exit of a big backer, and the appearance of an investor behind one of the market’s most talked about deals. There’s nothing sedate about Ingenia.
- Jemima Whyte
Wide gulf to cross before Woodside-Santos merger comes true
Investors can’t even agree on the merits of a deal, far less the thorny question of value, leaving an uphill task to sell any transaction to shareholders.
- Angela Macdonald-Smith
January
- Analysis
- Carbon challenge
Is lithium’s brutal comeuppance a buy signal?
Possibly not – it seems a typical commodity boom and bust cycle has set in, and the prudent answer is “not yet”.
- Ben Potter
- Analysis
- Fortescue Metals Group
Hydrogen’s bubble has burst, so should Twiggy buy rather than build?
Hydrogen share prices have collapsed on the back of rising interest rates and confidence-sapping scandals. Is it time for Fortescue to take advantage?
- Peter Ker
Suncorp hopes for a silver lining amid storm clouds and bank headache
Despite some bearish setbacks, could the insurance-banking group still have bullish prospects? Analysts are hoping the poor weather doesn’t hurt so bad.
- Liam Walsh
December 2023
Has Australia’s largest bookmaker peaked?
Sportsbet has enjoyed a meteoric rise with its customer promotions and aggressive marketing strategy. Taking it to the next level may be difficult.
- Zoe Samios
The fate of ANZ and Suncorp deal is in the hands of these three people
The high-stakes legal battle over whether the $4.9 billion transaction should proceed is half done. And so far, it is unclear who’s on top.
- James Eyers
Why it’s so hard to make money from blood tests
There’s restructuring ahead at the No. 2 pathology provider Healius, which despite its activist ructions, has yielded a 30 per cent return since its 2023 low.
- Simon Evans
November 2023
TechnologyOne has never made a big acquisition. Now it wants to
Private equity could reshape the competitive landscape for the Brisbane-based enterprise software group in the UK, where it has been keenly eyeing deals.
- Tess Bennett