Australian gold miner Newcrest has opened its books after an offer that if accepted would mark the biggest takeover in the history of the gold mining industry.
As the demise of Credit Suisse reverberated from Sydney to New York City on Monday,workers were given a clear message:get back to work.
Swiss banking giant UBS agreed to buy Credit Suisse in a historic,government-brokered deal aimed at containing a crisis of confidence that threatened to spread across global financial markets.
A month after abruptly halting plans for a potential merger of its major media companies Fox Corporation and News Corporation,Rupert Murdoch’s business empire said it’s no longer involved in discussions to sell its real-estate listings business Move to rival CoStar.
Power and gas supplier Origin Energy has agreed to extend the deadline for its two North American suitors to finalise the deal.
PointsBet confimed it’s in preliminary discussions with new wagering kid on the block Betr about the sale of its Australian arm.
Seeking to get the green light from the competition watchdog for its takeover of Suncorp’s banking arm,ANZ also argued the public detriment over potential branch closures would be minimal in the age of online banking.
Irenic Capital is calling for News Corp to spin off its real estate assets including a 61 per cent stake in Australia’s REA Group,rather than putting the Murdoch empire’s businesses back together again.
An activist investor has escalated its pressure on News Corp,asking it to reconsider a proposal by Rupert Murdoch to combine the two parts of his media business,News Corp and Fox.
The $2.5 billion deal,which has been negotiated over months,will deliver the asset manager more scale to compete globally.
Link Administration has rejected the latest takeover offer from Canadian group Dye&Durham valuing it at $2.3 billion.