Link fields ‘positive interest’ in majority PEXA stake

Link fields ‘positive interest’ in majority PEXA stake

Link has told investors it has seen investor interest in its PEXA stake while the private equity consortium continues to run the ruler over the company.

  • byCharlotte Grieve

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'Stars are aligning':Perpetual partner flags tech speed bump

'Stars are aligning':Perpetual partner flags tech speed bump

Wealth manager Perpetual's newest acquisition Barrow-Hanley's CEO says technology stocks are set for a correction as COVID-19 vaccines take centre stage. .

  • byCharlotte Grieve
Link boss says takeover tussle highlights solid fundamentals

Link boss says takeover tussle highlights solid fundamentals

Takeover target Link Group's newly appointed chief executive Vivek Bhatia says the company was closely assessing the competing offers on the table.

  • byCharlotte Grieve
Bega buys Lion's Australian dairy business in $560m deal

Bega buys Lion's Australian dairy business in $560m deal

Under the deal Bega will acquire well known brands such as Dairy Farmers,Yoplait and Farmers Union.

  • byDarren Gray
AMP soars after takeover bid from US firm Ares

AMP soars after takeover bid from US firm Ares

Less than two months after announcing it was exploring options to splinter the group,AMP has received a takeover bid from US private equity firm Ares.

  • byCharlotte Grieve
Saving $560,000 for diamonds,LVMH's $16b Tiffany takeover is back on

Saving $560,000 for diamonds,LVMH's $16b Tiffany takeover is back on

The world's largest deal in luxury is back on after New York's famed jeweller Tiffany agreed to a slightly reduced offering price from LVMH in Paris.

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Takeover target Link tells private equity suitors to aim higher

Takeover target Link tells private equity suitors to aim higher

Takeover target Link has told a consortium led by Carlyle and Pacific Equity Partners to come back to the table with a better deal after it lobbed a $2.9 billion offer for the admin services giant.

  • bySupratim Adhikari
Perpetual cuts stake in Boral despite push against Seven board seats

Perpetual cuts stake in Boral despite push against Seven board seats

Activist shareholder Perpetual cut its stake in Boral,despite objecting to the appointment of two Seven Group directors to Boral's board.

  • byDarren Gray
Stokes'Seven Group cements hold on Boral with two board seats

Stokes'Seven Group cements hold on Boral with two board seats

Ryan Stokes is taking one of the two board seats Seven Group has been offered at the building materials group.

  • byColin Kruger
Seven Group takes step closer to a seat at the Boral table

Seven Group takes step closer to a seat at the Boral table

Seven Group has moved a step closer to board representation at building materials giant Boral,after the company lifted its stake in Boral to 19.98 per cent.

  • byDarren Gray
Tiffany sues LVMH for reneging on $22b deal as France steps in

Tiffany sues LVMH for reneging on $22b deal as France steps in

The deal,which would have been the biggest-ever in the luxury industry,had raised questions about whether the French luxury goods giant was overpaying.

  • bySarah White andSilvia Aloisi