This Month
Incitec advisers work through final checklist for $1b fertiliser deal
The army of lawyers and bankers around Incitec Pivot’s $1 billion-plus fertiliser deal are feeling good.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Analysis
- Greensill Capital
Why this Trump acolyte is key to finding some of Greensill’s billions
The fight to recover funds owed to Credit Suisse clients has landed with West Virginia coal baron and senate hopeful Jim Justice and a small Virginia bank.
- Updated
- Owen Walker and Joshua Franklin
Macquarie dominated on-market block trades in April; Goldies dips
The investment bank’s transition desk was run off its feet, handling a mammoth growth equities transition valued somewhere between $1 billion and $2 billion.
- Sarah Thompson, Kanika Sood and Emma Rapaport
UBS hands out debt business promotions; head of real estate exits
The investment bank is beefing up its leverage and debt capital markets business, naming Brooke Johnston as head of corporate lending and structured solutions.
- Updated
- Sarah Thompson, Kanika Sood and Emma Rapaport
Board bought time for Kogan execs to settle $17 million windfall
Recently released emails show how the Kogan board delayed the settling of executive bonuses for cash, helping the return.
- Mark Di Stefano
Cash splash as Boomers hit the jackpot
After decades of saving, older Australians are spending up. But the wave of cash is causing headaches for the inflation-fighting treasurer and RBA. Can the good times last?
- Jacob Greber
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
UBS financial sponsors co-head jumps to Greenstone
Street Talk understands Leo Feros has left the Swiss investment bank for boutique mid-market corporate advisor Greenstone Partners.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Analysis
- Monetary policy
How government debt could blow up the global financial system
As Western governments shy away from debt reduction and structural reform, investors must reassess their view of “safe” assets.
- John Plender
FIRB questions linger in Azure Minerals takeover
UBS hedge fund sales trader said delays in takeover receiving necessary Foreign Investment Review Board approvals should give investors cause for concern.
- Sarah Thompson, Kanika Sood and Emma Rapaport
UBS, Barrenjoey, BofA top M&A league table in blockbuster-free quarter
Saint-Gobain’s $4.3 billion bid for building materials giant CSR was the biggest deal for the quarter with Barrenjoey and Lazard on for advice.
- Sarah Thompson, Kanika Sood and Emma Rapaport
March
Healius in management shake-up after CEO exit
Australia’s No.2 pathology group is cutting costs in a restructure to try to turn around a profit slump, as UBS pushes on with a strategic review.
- Simon Evans
Morgan Stanley poaches Goldman MD; former AusCap fundie finds a home
The top-tier investment bank has nabbed Goldman Sachs managing director Michael Ginzburg, Street Talk can reveal.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Big four
Business is a better home for bank lending than houses
A shift out of low-margin home lending would release a mountain of capital for Australian firms of the future.
- David Myers
Making excuses for weak margins has ended: Healius CEO
In a closed-door staff briefing, the new boss of the struggling pathology group said the company had not “done a good enough job” of setting up “for success”.
- Simon Evans
Healius brings in UBS as it reviews strategy, considers asset sales
The company replaced its chief executive, Maxine Jacquet, earlier this month after just 12 months. It runs some 2000 pathology centres and 100 laboratories.
- Simon Evans
New Corrs HQ shows the power of Collins St
Corrs CEO Gavin MacLaren pays his lawyers like bankers. Now, the firm wants to work near them too.
- Mark Di Stefano
Pacific Current sells GQG stake; UBS nabs block trade
Pacific Current launches block trade of GCQ stake with UBS on ticket.
- Sarah Thompson, Kanika Sood and Emma Rapaport
February
Apple cancels work on electric car, ending decade-long effort
The decision, which Elon Musk welcomed, means the iPhone maker is abandoning one of the most ambitious projects in its history.
- Mark Gurman
