Sigma investors overwhelming endorsed a $30 billion backdoor listing of discount giant Chemist Warehouse.
Neale Prior
Gold Road Resources’ chief executive has implied a proposed $5 billion purchase of De Grey Mining is no sure thing and that the miner is keeping all options open should ‘other scenarios’ emerge.
Simone Grogan
Star Entertainment has sold off a key asset as it struggles to find the cash needed to engineer a recovery from a financial bloodbath that has left the casino operator on the edge of collapse.
Daniel Newell
Chemist Warehouse has delivered record half-year sales ahead of its mega-merger with Sigma Healthcare that will catapult the privately-held pharmacy giant onto the Australian Securities Exchange.
Cheyanne Enciso
Dwindling iron ore quality at a key cog in Fortescue’s Pilbara iron ore machine has prompted the mining giant to snap up a nearby high-grade deposit.
Adrian Rauso and Daniel Newell
Anglo American’s surging value since fending off a BHP takeover assault is reportedly stopping the Big Australian from having a fourth bite of the cherry.
Adrian Rauso
The private equity giant has increased its buyout offer a second time, to $4.60 a share, but stopped short of delivering a knockout blow.
Sean Smith
Myer and Premier Investments investors have overwhelmingly backed the department store’s merger with Solomon Lew’s big portfolio of clothing brands in a deal designed to forge a retailing powerhouse.
MrBeast, the internet’s most-followed and highest-earning content creator, has joined a new bid to buy TikTok.
Alexandra S. Levine
The mining sector appears poised for a frantic year of dealmaking, following market speculation over a potential tie-up between industry giants Rio Tinto and Glencore.
Sam Meredith
Northern Star Resources boss Stuart Tonkin wouldn’t bite on how De Grey Mining and the giant Hemi deposit — priced at $5 billion — would be woven into the super pit miner’s growing operations.
The WA conglomerate says Catch will be ‘wound down’ and its staff split among Wesfarmers’ other retail businesses.
A mothballed iron ore hub, which used to sustain 1000 WA jobs and currently has a book value of zero, is on the market.
Lifespan Mortgage Services and Melbourne’s Empower Wealth Group are the first businesses targeted under a new plan to buy minority equity stakes in successful home loan brokers.
The takeover target said it has given CC Capital a limited period of due diligence after evaluating the company’s sweetened $3.1 billion cash offer of $4.60 a share.
MST Marquee analyst Saul Kavonic reckons Mrs Rinehart’s Hancock Prospecting is “amongst the most logical acquirers” of Strike after the latter’s decision to embark on a strategic review.
Insignia on Friday revealed CC Capital had increased its initial cash offer by 30¢ a share to $4.60, putting another $200 million on the table for shareholders.
The mining world will be drastically altered if whispers of a tie-up between Rio Tinto and Glencore are true.
Rio Tinto and Glencore have been discussing combining their businesses, according to people familiar with the matter, in what could result in the mining industry’s largest-ever deal.
Archie Hunter, Thomas Biesheuvel and Dinesh Nair
BGC insists there is no retreating from the Buckeridge family’s stated intention on launching the auction nearly seven years ago to sell everything.
Chinese officials are evaluating a potential option that involves Elon Musk buying the US operations of TikTok if the company fails to fend off a controversial ban on the short-video app.
Bloomberg News
Wellard has emerged from a trading halt with news it has struck a deal to sell the MV Ocean Drover to a Turkish-controlled customer, Meteors Shipping, for $US50m ($81m).
An offshoot of Liontown Resources and the reputationally damaged WA outpost of a Chinese mining giant have struck a deal.
Bain Capital sweetened its bid for Insignia Financial as takeover activity heats up for the Australian wealth manager.
Harry Brumpton