Today
Advent Partners buys stake in emergency care specialist
Private Emergency Health Australia has a network of about 200 doctors and runs emergency medical services departments at seven locations.
- 1 hr ago
- Sarah Thompson, Kanika Sood and Emma Rapaport
Eureka shareholders set to reject Aspen’s revised scrip bid
The shareholder rejection – and the fact that it is still outside the IE range – should pave the way for the target board to knock back the new proposal.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Deutsche Bank veteran exits after spearheading a five-year restructure
Hugh Macdonald has led the European bank’s investment banking arm since 2020.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Yesterday
Jon Adgemis’ PHG shelves auction for Annandale’s Empire Hotel
Sources said the auction’s price expectations of circa $39 million were out of whack with reality, given the asset has north of $30 million in debt.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Ex-Macquarie banker who banked on premium gin hits payday
George Georgiadis left finance to build a gin business with two mates eight years ago. They’ve hit payday with a buyout by Asahi.
- Simon Evans
PE giant EQT pays $250m for Potentia’s NewBook; 6.5 times money
Potentia has been weighing its future at the company, hiring RBC Capital Markets’ technology bankers to vet potential suitors.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Down markets draw out the year’s biggest share trades
Big block trades are flying this week, which only ramps up the chase for the next big trade.
- Updated
- Anthony Macdonald
- Opinion
- Chanticleer
Deal makers deeply sceptical about Chalmers’ FIRB reboot
While a clearer approval path for foreign buyers who are “frequent flyers” has been welcomed, bankers and lawyers worry the devil is in the detail.
- Updated
- James Thomson
- Analysis
- Analysis
How BHP’s ‘Meticulous Mike’ prepared for Anglo American rebuff
Dubbed “Meticulous Mike” by the Australian media, the Canadian executive must have carefully planned his move for Anglo, down to the inevitable initial rejection.
- Tom Wilson and Nic Fildes
Morgans’ head of Brisbane corporate advisory exits
Wednesday will be John Polinelli’s last day at Morgans, according to an internal staff memo seen by this column.
- Sarah Thompson, Kanika Sood and Emma Rapaport
NexGen Energy $200m raise upsized after strong demand
The Canadian miner had its brokers warming up fund managers for a $200 million equity placement on Tuesday evening, Street Talk understands.
- Updated
- Sarah Thompson, Kanika Sood and Emma Rapaport
Why everyone kept their job in this merger
When Mercer and BT merged their superannuation funds, 99.6 per cent of staff remained with the business.
- Ayesha de Kretser
‘The future is the future’: Anglo American won’t rule out a merger
Chairman Stuart Chambers told the miner’s AGM that his job in coming weeks was to see if major shareholders backed the board’s rejection of BHP’s $60 billion bid.
- Hans van Leeuwen
April
- Opinion
- Chanticleer
How Chemist Warehouse can get its deal past the ACCC
Divestments may be needed to get the Chemist Warehouse/Sigma deal over the line, but they don’t look too strenuous.
- Updated
- Anthony Macdonald
QIC, Partners Group eye $2b Global Switch Australia; bids loom
Indicative offers are due May 5 and Global Switch’s owners have instructed UBS to then fast-track the auction’s binding bid stage
- Sarah Thompson, Kanika Sood and Emma Rapaport
Pinnacle in talks to back Royal London equities hotshot Peter Rutter
Pinnacle Investment Management is close to snapping up Royal London Asset Management’s high-profile head of equities Peter Rutter, who has just lobbed his resignation, to set up a new funds management house.
- Sarah Thompson, Kanika Sood and Emma Rapaport
BHP’s rivals for Anglo American set to emerge
The UK-listed miner has rejected an approach from BHP, but other major miners including Rio Tinto could announce a competing bid.
- Updated
- Tom Wilson
BHP goes big game hunting on the African savannah
BHP and Anglo American are undisputed industrial champions in their home countries. The vast gap between them says a lot about Australia and South Africa.
- Peter Ker
BHP investors fear costly second tilt at Anglo American
Shares in BHP have dropped 5.2 per cent since it made the $60 billion bid for Anglo-American that was swiftly rejected last week.
- Elouise Fowler
AirTrunk’s owners set NBIO deadline for $15b sale
Bidders have been given until the end of May to submit first-round bids, in what will serve as an early gauge of AirTrunk’s much-touted $15 billion price tag.
- Sarah Thompson, Kanika Sood and Emma Rapaport
