The merger of social media platform X with Musk’s artificial intelligence start-up xAI will allow him,his co-investors and X’s banks to exit the struggling business unscathed.
The online real estate marketplace majority owned by Nine Entertainment has received a sweetened “best and final offer” from heavyweight US suitor CoStar. .
Australia’s largest discount variety retailer could soon be in Canadian hands.
The world’s biggest miner is turning to copper as iron ore demand wanes. It’s time to go for a mega takeover BHP has always shied away from:Going after the biggest copper mine of all.
Like the driver who stubbornly insists they know where they’re going but ends up lost,pride may have caught up with Nissan when it shelved its tie-up with Honda.
Myer investors have overwhelmingly voted in favour of the mega-deal that chief executive Olivia Wirth says sets up the department store for the long term.
A proposed merger between the largest suppliers of on-street parking in Australia has sparked warnings about the impact on councils and ratepayers.
The new mega-chemist and wholesale supplier will be to retail pharmacies what Bunnings is to hardware,what JB Hi-Fi is to electronics or what Dan Murphys is to booze.
If share prices of Premier Investments and Myer are any indications,this deal is a hit.
Myer will acquire a suite of Premier Investments’ clothing brands in Australia and New Zealand,giving the businessman a seat on its board.