Mergers & acquisitions
British streamer closes in on Foxtel
News Corp is edging closer to selling its pay TV and streaming business, with a deal potentially putting the company that broadcasts AFL and NRL games into foreign hands.
- by Calum Jaspan
Latest
Updated
Telstra Corporation
Paul Keating set for $40 million windfall from Telstra deal
The former prime minister co-founded a budget telco in 2000, and is now set for a massive payday.
- by David Swan
ACCC clears Chemist Warehouse and Sigma’s $8.8b mega deal
The $8.8 billion merger will see the combined company operate 700 stores, or 16 per cent of all pharmacies across Australia. Sigma’s shares skyrocketed on the news.
- by Jessica Yun
Updated
Solomon Lew
Myer buys billionaire Solomon Lew’s clothing brands in $950m deal
Myer will acquire a suite of Premier Investments’ clothing brands in Australia and New Zealand, giving the businessman a seat on its board.
- by Sumeyya Ilanbey
The former model who became the go-to broker for the wealthiest sheikhs in the world
She became the unlikely toast of the Middle East and one of the most powerful people in football. But questions are now being asked.
- by Ben Marlow
Global wealth giant eyes expansion in Australia
Lucas Klein, Janus Henderson Investors’ head of equities Asia Pacific, Europe, Middle East and Africa, said a strategic priority for the group was to grow in the Asia Pacific region.
- by Anne Hyland
Chalmers’ merger shake-up slams brakes on supermarket takeovers
The biggest change to the nation’s merger laws will target the supermarket sector with any takeover plan likely to face the ire of the competition regulator.
- by Shane Wright
Opinion
Opinion
Rio Tinto gets a taste for lithium but its billions may not be enough
The mining giant is hoping to break the jinx of Australian companies faring poorly on foreign acquisitions. But it would need to convince the market that buying lithium is worth it.
- by Elizabeth Knight
Exclusive
Managed funds
A Platinum deal: Geoff Wilson eyes move for Kerr Neilson’s $12b giant
A bidding war may break out for Platinum Asset Management, with prominent investor Geoff Wilson said to be among the parties interested in the funds management group.
- by Anne Hyland
‘Nestle of Australia’: SPC goes for gold with three-way merger
The 107-year-old Australian fruit processing company is realising its global ambitions through a backdoor listing and joining forces with a juice and a powdered milk company.
- by Jessica Yun
Virgin boss says Qatar partnership will boost competition
Virgin Australia’s outgoing boss Jayne Hrdlicka says the airline would not be in a position to deliver long-haul services between Australia and Europe for at least the next six years without Qatar Airway’s support.
- by Amelia McGuire