A Middle Eastern oil company’s $29 billion bid to buy Australia’s Santos will be a “huge opportunity” for the Federal Labor Government to extract domestic gas concessions, a top analyst has declared.
Matt Mckenzie & Daniel Newell
Hanwha says a key US Congressional committee has no issue with a takeover, but Austal has countered that the approval is ‘different to that claimed by Hanwha’.
Sean Smith
Ryan Reynolds is teaming up with his good mate, as well as an iconic Australian company, to see if his success with Wrexham FC will continue with his latest investment.
Staff Writers
Laurence Escalante’s bid to take full control of the Virtual Gaming Worlds online casino empire also involves shifting the company behind the bid to a haven with no corporate tax.
Daniel Newell
Investment house Washington H. Soul Pattinson has secured a $14 billion deal to snap up diversified industrial group. Brickworks.
Perth entrepreneur Laurence Escalante has won support for a sweetened offer to substantially increase his 70 per cent stake in online casino giant Virtual Gaming Worlds.
Neale Prior
The ACCC has pulled the handbrake on agricultural juggernaut Elders buying out its rival Delta for $475 million out of concern the deal could raise prices and make access tougher for farmers in rural WA.
Simone Grogan
WiseTech Global will borrow $3b to fund its expansion in the US as the logistics software firm aims to put a series of sex scandals surrounding founder Richard White behind it and focus on growth.
A China-backed gold miner worth $60 million has taken advantage of the soaring price of bullion by offloading a non-core project for $250m.
Ben Harvey
The mid-tier gold producer is reputedly at the negotiating table with two companies in its backyard just nine months after making a $1.2 billion purchase.
Adrian Rauso
Australia’s competition umpire won’t stand in the way of IAG’s move to buy RAC Queensland in a decision that could clear the way for the behemoth to take control of WA’s biggest general insurer.
The board of Subiaco-based copper explorer New World Resources has accepted a $185 million takeover offer from London-listed Central Asia Metals.
The Motor Trades Association of Australia has blasted Insurance Australia Group’s proposed $1.35 billion takeover of RAC WA’s insurance business and similar deals in two other states.
Shares in a Perth junior have climbed more than 150 per cent following a takeover deal with a Chinese rare earths heavyweight.
RACWA will sell off its insurance business and enter into a decades-long partnership with Australia’s biggest insurance group as it battles a rising number of claims and increasing regulation.
The voracious appetite for WA’s gold-rich land shows no signs of being subdued with seven miners jumping in the data room of a $400 million company.
Australian property listings platform Domain has sealed a $3 billion deal with CoStar after the US suitor sweetened its offer to get its hands on the Nine Entertainment-controlled group.
The depleted De Grussa copper mine failed to find a new owner but Sandfire Resources has capitalised on the gold boom to sell a nearby deposit.
Stranded shareholders of AVZ Minerals have been thrown a lifeline after the delisted West Perth outfit inked a sale deal for its Congolese lithium project before Chinese interests could seize control.
The WA motoring mutual said the reforms proposed for its unwieldy member-elected WA council were aimed at aligning the century-old group with ‘contemporary good governance practices’.
Channel 7 and its suite of digital television offerings will extend their reach to almost the nation’s entire population after it snapped up television licences across a vast swathe of regional Australia.
Gold Road Resources has squeezed an extra $380 million from Gruyere gold mine partner Gold Fields after shaking hands on a $3.7 billion buyout deal.
The Gruyere takeover tussle could soon reach a climax after Gold Fields suggested it wants a second bite of the cherry.
A shakedown in Mali has seen gold miner Resolute Mining pay $US150 million ($234m) to significantly step up its presence in a neighbouring West African country.
