Yesterday
Aware Super, Roc calls in bankers at $1b No.1 chicken farmer ProTen
ProTen is listed among Aware Super’s infrastructure portfolio disclosures with a valuation of between $500 million to $1 billion.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Finance sector union not opposed to ANZ’s $4.9b Suncorp bank buy
The federal treasurer, a Queenslander with close ties to the state government, has been considering the takeover of the Brisbane-based bank since April.
- Updated
- Lucas Baird and John Kehoe
AZ NGA brings in bankers as $600m sale to TA Associates dawdles
With Jefferies’ arrival, it won’t be surprising if AZ NGA has a second shot at finding a buyer.
- Sarah Thompson, Kanika Sood and Emma Rapaport
GIP throws hat in the ring for $15b-plus AirTrunk; lobs NBIO
With GIP’s arrival, sell-side advisers Macquarie Capital and Goldman Sachs have four bidding groups to corral towards the finishing line.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Private equity
Why things are looking up for private markets and dealmaking
Turmoil and uncertainty are a constant in asset management. But things are starting to turn for deal makers as money is finally being put to work.
- Katrina King
This Month
Chanticleer’s best calls, biggest rogues and dud deals
This week in a special episode of the Chanticleer podcast, James and Anthony take you inside Chanticleer’s 50-year anniversary lunch, and share the best stories, insights and moments.
Barrenjoey says ACCC overplaying Chemist Warehouse’s supply risks
The broker has told clients that the competition regulator has ignored independent wholesaler CH2 when warning the deal will mean less drug supply competition.
- Carrie LaFrenz and Jemima Whyte
Downer EDI ready to take Spotless Laundries out of the wash
This time around, Lazard Australia’s bankers have received the call-up to find a buyer for Linen Services Australia.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Updated
- Sigma Healthcare
Chemist Warehouse may have to sell stores to save merger
Chemist Warehouse may have to sell off part of its store network to convince the competition regulator that plans to merge with Sigma would not lessen competition and lead to higher prices.
- Updated
- Carrie LaFrenz and Tom Richardson
- Opinion
- Chanticleer
Chemist Warehouse deal can still get past ACCC health check
The issue of the competitiveness of Sigma’s pharmacies may require a more direct solution, such as disposing of a few Chemist Warehouse outlets.
- Updated
- James Thomson
QIC writes $225m loan for North American airline
Porter Airlines, founded in 2006, now runs short-haul flights to 30 destinations via 50 aircrafts.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Edtech Storypark invites bidders to take a peek at its books; taps RBC
Sources said Storypark makes about $10 million annual recurring revenue but has aggressive expansion plans across the Atlantic which could see it book up to $50 million in annual sales.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Five V Capital poaches Quadrant, Navis Capital dealmakers
Sources said in addition to the mid-level hires, Five V had also picked up half a dozen juniors to work under its six managing directors.
- Sarah Thompson, Kanika Sood and Emma Rapaport
CSR ends 62-year run on ASX as $4.3b takeover gets green light
But some shareholders say that the price paid by France’s Saint-Gobain was too low, with a lower Australian dollar giving overseas buyers more firepower.
- Simon Evans
Louis Dreyfus refuses to back down in battle for Namoi Cotton
The French agribusiness giant has turned up the heat on rival bidder Olam as the competition watchdog casts a big shadow over the fight for the ASX-listed group.
- Brad Thompson
Australian Vintage rules off emergency raise’s $15m insto leg
Next up is a retail offer that would bring the total to $19.9 million.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Fifty years on, it’s time to share the secret origin story of Chanticleer
I had lined up a major scoop to launch my first Chanticleer column on July 8, 1974, founding Chanticleer columnist Robert Gottliebsen reveals.
- Updated
- Robert Gottliebsen
Goldwind’s 1.4GW Baldon wind farm development lands on auction block
The bulk of the project, just over 1GW, is gunning hard for REZ access, for which NSW EnergyCo is expected to begin a tender process later this year.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Adamantem in buyer hunt for Climate Friendly, hires sell-side adviser
Mitsui took its strategic minority stake in May 2022 at a valuation of between $700 million and $800 million, sources say.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Bankers pin hopes on I-MED, Loscam to spark second-half M&A
Management meetings are in full swing for both I-MED and Loscam.
- Sarah Thompson, Kanika Sood and Emma Rapaport
