The devaluation of AMP’s brand name was among the impairment charges announced ahead of the AMP Capital private markets demerger.
EISS staff have been warned there will be job losses and possible re-deployments once the $6 billion fund is taken over by construction giant Cbus.
BHP has started talks with Andrew “Twiggy” Forrest’s Wyloo Metals about a takeover of Canadian nickel miner Noront Resources.
‘Getting spooked is not a reason to write out a blank cheque,’ says Sigma’s largest shareholder,Allan Gray’s Simon Mawhinney in his full-throated criticism of Sigma outbidding giant Wesfarmers for Priceline owner API.
The competition watchdog’s chairman Rod Sims is campaigning for a radical reform of merger law without the evidence to warrant it.
The two Australian lithium miners have completed their merger amid soaring demand for the battery raw material.
Climate change pressure and the need to free up cash to push into green-energy minerals finally made a long-mooted tie-up between BHP and Woodside a reality.
The legacy of BHP’s petroleum assets must not be to accelerate damage to the climate.
Tech darling Altium has lost the $5 billion offer on the table after US tech giant Autodesk said it has pulled the pin on takeover talks.
AMP Capital has entered into a binding agreement with Macquarie Asset Management to offload its global equities and fixed income business.
Billionaire Kerry Stokes’ Seven Group is edging closer to victory over Boral’s management,picking up a 38 per cent stake in the buildings materials supplier.