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Mergers and Acquisitions

MiningCommentsPremiumRio Tinto closes in on $10.7b lithium brine bet

Argentina is poised to grow as a lithium hub after Rio Tinto took a big step in cementing its $US6.7 billion ($10.7b) acquisition of Arcadium Lithium.

Adrian Rauso

MediaCommentsFoxtel offloaded to UK streamer for $3.5b

Foxtel has been sold in a $3.5 billion deal that will bring UK sports entertainment juggernaut DAZN to Australia’s shores — and catapult local codes such as AFL and NRL onto a bigger global stage.

Daniel Newell

RetailCommentsCoca Cola the secret buyer of collapsed beverages brand

Global soft drinks giant Coca Cola has emerged as the secret buyer of collapsed ready-to-drink vodka maker Billson’s Beverages less than five months after it went bust.

Cheyanne Enciso

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ManufacturingCommentsPremium
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$770m sale is a gas for Wesfarmers

Wesfarmers will top up its war chest with the $770 million sale of its industrial gases business to a subsidiary of Japan’s Nippon Sanso.

Daniel Newell

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EnergyCommentsPremium
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Woodside lines up $30b Browse with neat gas assets swap

Woodside has jumped another hurdle towards developing the $30 billion Browse project, inking a big reshuffle of WA gas assets with Chevron.

Matt Mckenzie and Daniel Newell

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MiningCommentsPremium
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Brinsden bullish on lithium return as Patriot lands VW deal

Lithium talisman Ken Brinsden says it’s not a matter of if, but when the battery market rebounds, as his Canadian venture inks a $77 million investment from German auto giant Volkswagen.

Simone Grogan and Daniel Newell

MiningPremiumPaladin’s delayed $1.25b uranium deal clears Canada hurdle

Paladin Energy has received approval from the Canadian Government to merge with Toronto-listed Fission Uranium after months of scrutiny regarding foreign ownership concerns. 

Simone Grogan

CNBC newsCommentsNissan surges 22pc after reports on potential Honda merger

Nissan Motor shares surged Wednesday following a media report that the Japanese automaker is looking to merge with Honda Motor.

April Roach

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M&ACommentsPremium
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MinRes pockets $780m cash from Gina Rinehart gas deal

Mineral Resources’ balance sheet has received a welcome boost of $780 million from Gina Rinehart’s Hancock Prospecting through the flash sale of its WA gas assets in October.

Simone Grogan

RetailCommentsPremiumThermomix sales fall to five-year lows before buyout

New annual accounts for the company behind the all-in-one blender in Australia and New Zealand show annual net profit more than halved to just $2.04 million as revenue fell 8 per cent to $99.7m.

Sean Smith

Mergers and AcquisitionsPremiumInvestors, buyers look over Fremantle Octopus

WA’s biggest octopus supplier has hired advisory firm Kidder Williams to sound out interested investors or buyers for the privately-owned company, which is backed by institutional investors and family offices.

Sean Smith

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RetailComments
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Myer’s $1b deal with Premier fashion brands fair, reasonable

Myer’s independent expert has declared the department store’s $1 billion purchase of Premier Investments’ suite of fashion brands as ‘fair and reasonable’, with shareholders urged to vote in favour of the deal.

Cheyanne Enciso and Daniel Newell

Commercial PropertyCommentsPremiumPerron sells share of Cockburn Gateway and Belmont Forum

Interest in Perth’s retail property sector continues to gather pace, with WA’s Perron Group striking a near half-a-billion-dollar deal to hand a property giant a big stake in Cockburn Gateway and Belmont Forum.

Daniel Newell

NEWSAussie music company’s huge move

A growing Aussie music company has just made a massive move, taking over a popular online travel guide website.

Duncan Evans

M&ACommentsSubdued year for M&A in Australia’s food, beverage sectors

The multi-billion takeover offer for produce grower Costa Group has emerged as the top deal in what was a muted year for mergers and acquisitions in the Australian agribusiness, food and beverage sectors.

Cheyanne Enciso

ManufacturingCommentsPremiumBGC cements sale of another huge slice of Buckeridge empire

Len Buckeridge’s heirs have struck a deal to sell their BGC cement and concrete operations to Queensland-based Cement Australia.

Neale Prior

RetailCommentsCompletion date set for Chemist Warehouse merger

Sigma Healthcare and Chemist Warehouse have agreed to extend their mega-merger deadline to the end of March.

Cheyanne Enciso

MiningCommentsPremiumHancock partners up in global lithium hunt

Australia’s richest person and a South Korean conglomerate are joining forces to scout the globe for a new lithium factory. 

Adrian Rauso

The West Australian exclusive
The West Australian exclusive
RetailCommentsPremium
The West Australian exclusive
WA confectioners just nuts about Swan Valley neighbour

WA confectionery retailer Mondo Nougat has acquired Morish Nuts after spending the past 12 years co-located at a Swan Valley address.

Cheyanne Enciso

Funds managementCommentsRegal calls off chase for rival Platinum

The shine has well and truly come off Platinum Asset Management after Philip King’s Regal Partners on Monday called off its three-month pursuit of the company.

Daniel Newell

MiningPremiumRamelius creeps up to Spartan takeover threshold

Avid dealmaker Ramelius Resources has effectively maxed out its bet on Spartan Resources, unless there is appetite to mount a huge takeover.

Adrian Rauso

MiningCommentsPremium‘Unmitigated failure’: Pressure on Rio to cut London ties

The call for Rio Tinto to abandon its primary London listing doesn’t make economic sense, chief executive Jakob Stausholm says, after an activist shareholder urged the miner to relocate to Australia. 

Paul-Alain Hunt and Adrian Rauso

Mergers and AcquisitionsPremium‘Watershed moment’ as Forrest-backed Greatland snares Telfer

Greatland Gold has officially closed out its acquisition of Newmont’s Telfer mine in the Pilbara ticking off the latest blockbuster WA transaction in a roaring yellow metal market. 

Simone Grogan

MiningCommentsPremiumRio gets $615m to take on a Japanese partner at Winu

The mining arm of a Japanese behemoth will hand over a hefty sum to join Rio Tinto in unlocking a new WA copper province.

Adrian Rauso