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Mergers and Acquisitions

Global interestCommentsPremiumAlan Bond’s old CBD tower set to fetch $350m

The former Bond headquarters in the CBD — once the city’s tallest skyscraper and its flashest business address — is set to garner international interest after hitting the market.

Kim Macdonald

Points bonanza PremiumNew travel stake a win for Qantas frequent flyers

In a move back into holiday packages, Qantas has taken a majority stake in online TripADeal.

Geoffrey Thomas

Friendly takeoverPremiumWoolies offers online retailer $243m for 80pc stake

The retail giant sees MyDeal as a way to bolster its digital capacity and offering, and its deal has pushed the smaller company’s share price soaring.

Adrian Lowe

Get serious PremiumWoodside has to prove it’s serious on climate, boss says

A big protest vote against the oil and gas company’s climate report has demonstrated that plenty of shareholders still have concerns about its climate change commitments.

Sean Smith

Herd on the TerraceCommentsPremiumLadbrokes parent Entain runs ruler over TAB WA

HOTT: Oh to be a mosquito on the wall at the TAB WA’s Herdsman Lake headquarters as potential buyers check out the State Government-owned betting agency.

D-DayCommentsPremiumCrown Resorts investors endorse Blackstone bid

More than 99 per cent of Crown Resorts investors have approved the private equity giant’s $13.10-a-share offer.

Sean Smith and Daniel Newell

Mallee rivalPremiumSage lithium fizzer behind $125m Tasmanian nickel play

Tony Sage’s one-time market darling European Lithium is behind a $125 million last-ditch bid for the Avebury nickel mine in Tasmania.

Neale Prior

Heavy securityCommentsPremium‘Over our dead bodies’: Protesters demand no BHP merger

Environmental protesters have gathered ahead of Woodside’s AGM in Perth on Thursday amid a heavy security and police presence as investors vote on a mega billion-dollar tie up with BHP’s oil and gas assets.

Stuart McKinnon

Deal ‘on hold’PremiumMusk didn't seek more deal info: Twitter

Elon Musk negotiated the Twitter deal without carrying out due diligence, the company says, as the Tesla CEO keeps the takeover "on hold" over spam accounts.

Greg Roumeliotis and Tom Hals

No dealCommentsCVC Capital walks away from bid for pallet-maker Brambles

CVC Capital Partners has walked away from a potential bid for Brambles Ltd., the Australian provider of pallets and crates for transporting goods around the world.

Aaron Kirchfeld and Manuel Baigorri

Fake accountsPremiumTwitter deal at lower price ‘not out of question’: Musk

Elon Musk stoked speculation that he could seek to renegotiate his takeover of Twitter, saying a viable deal at a lower price wouldn’t be ‘out of the question’.

Dana Hull, Nathan Crooks and Kurt Wagner

Expansion plansCommentsPremiumPerth IVF company snapped up in $40m deal

East coast-based City Fertility has bought Perth’s Fertility Specialists of WA and plans to invest $10m in new facilities and specialist staff.

Cheyanne Enciso

Unsolicited offer CommentsPremiumCVC mulls takeover bid for $15b pallets firm Brambles

CVC Capital Partners is considering a bid for Australian pallet-pooling services company Brambles. Shares of Brambles surged by a record.

Harry Brumpton and Aaron Kirchfeld

Hot mergerPremiumIncreased green scrutiny awaits Woodside’s BHP tie-up

The takeover of BHP’s oil and gas operations will elevate Woodside into the world's top-10 energy producers but also push it deeper into fossil fuels.

Sean Smith

On the blockPremiumCould London House tower sale tempt Twiggy?

The 18-storey London House on St Georges Terrace has become the first major skyscraper to hit the market this year. Could Andrew Forrest be among the bidders?

Kim Macdonald

Less exposedPremiumMusk’s mates help cut his margin risk in Twitter deal

Elon Musk may be the world’s richest person, but that doesn’t mean he wants to put his massive fortune at risk to buy Twitter.

Tom Maloney

New Alliance?CommentsPremiumQantas makes major play for more of FIFO charter market

Qantas has reached a deal to fully acquire Australian-based operator Alliance Aviation Services, enabling it to better serve the growing resources sector.

Geoffrey Thomas

New horizonCommentsPremiumBain Capital sells Australian childcare business for $450m

Bain Capital has sold its Australian childcare and early education business to US company Bright Horizons Family Solutions for $450 million.

Cheyanne Enciso

Price alertCommentsPremiumMusk flags ‘slight cost’ for Twitter’s commercial users

Twitter will always remain free for ‘casual users’ but government and commercial users may see a ‘slight cost’ to stay on the social media platform.

Sebastian Tong and Kurt Wagner

Dramatic intervention PremiumAtlassian founder positions again to block AGL coal plan

Mike Cannon-Brookes has bought a $650m stake in Australia’s biggest energy retailer and is urging other investors to join him in voting against the company’s plan to split itself in two.

Sean Smith

Expansion driveCommentsPremiumFamily Zone raising $42m for new offshore purchase

The cyber software firm says the purchase of Qustodio will lift recurring annual revenues to $70m

Sean Smith

Bankers’ callCommentsPremiumMusk’s Twitter pitch featured job cuts, ways to make money

As he negotiated a $US44 billion ($61b) deal to acquire Twitter, Elon Musk told bankers that he would be focused on the social media company’s bottom line, and floated the idea of cutting both costs and jobs.

Liana Baker, Michelle F. Davis and Kurt Wagner

Bid go-aheadPremiumIncreased Western Areas offer ‘not fair but reasonable’

Western Areas says its directors are sticking with their unanimous backing of IGO’s $3.87-a-share offer.

Sean Smith

Strategic move PremiumAquirian snaps up Cybem Mechanical Services

Perth-based mining services company Aquirian is set to acquire Cybem Mechanical Services as it looks to beef up its maintenance capabilities.

Caitlin Paroczai