BHP has its prey in its sights,but winning requires skill and a willingness to walk away if the target,Anglo American,plays hard to get.
The assistant competition minister says Australians are “paying too much for a schooner” and independent brewers say the consumer watchdog should investigate.
Australia’s largest mining company will be forced to raise its offer to buy rival Anglo American after its initial $60 billion bid was swiftly rejected.
BHP,the world’s largest miner,has approached London-listed Anglo American with an offer that could turn into this year’s biggest deal.
Changes aimed at stopping oligopolies becoming more entrenched through mergers make sense. Just don’t hold your breath for lower prices as a result.
Boral’s independent directors have caved in to Seven Group’s hardball takeover bid.
Matthew Tripp’s Betr and BlueBet have reached a deal to merge,ending intrigue that has swirled for the better part of a year.
The proposed reforms will make it harder for deals to go ahead in markets dominated by a handful of corporate giants,but could also be costly for smaller companies,experts say.
The rapid decline of music festivals in Australia is symptomatic of a bigger problem – and it’s not the fault of young people.
Rising pub baron Glenn Piper has snapped up the Scarborough Hotel in the Illawarra,adding it to his growing portfolio.
The release of Trump’s media group’s annual accounts rattled investors and wiped billions off the former US president’s fortune.