Bank of Queensland chief executive George Frazis has reviewed four potential takeover deals in the last 18 months,and says he’s open to acquire anything from a neobank to traditional lender.
Seven Group has accused takeover target Boral of breaching blackout rules by continuing its share buyback into the new financial year.
Building materials giant Boral’s management is sticking to its guns and told shareholders to steer clear of Seven Group’s overtures.
Online property conveyancer PEXA is lining up as the biggest ASX float since 2019 after its largest shareholder,Link Administration,closed the door on a trade sale.
PEXA’s largest investor,Link Administration,is mulling the future of the platform as the clock ticks on responding to a shock $3.1 billion bid from private equity giant KKR and Domain.
Admin services giant Link is running a “dual track” process to determine the fate of lucrative property settlements platform PEXA.
French waste giant Veolia,which has emerged victorious from its bitter takeover battle with Suez this week,said it is reviewing Cleanaway’s lucrative side-deal with Suez and would not say whether the deal will be allowed to go ahead uncontested.
Cleanaway’s $2.5 billion bid for the Australian assets of Suez could be in peril if the French waste giant’s suitor,Veolia,wins a reported bid to vote its Suez stake at an upcoming shareholder meeting.
Cleanaway’s $2.5 billion bid for the Australian recycling assets of Suez Groupe has set up a major scrap with the $20 billion waste giant Veolia Environnement which said it would legally challenge any deal that could derail its bid for Suez’s French parent.
BoQ chief George Frazis says buying ME Bank for $1.325 billion will give the lender the technology,scale and diversity it needs to more aggressively take on the big four
One of racing’s most powerful figures,Peter V’landys,says any potential deal to for Tabcorp’s wagering assets would need his approval.