Woolies pets plan hits a snag as watchdog looks at PETstock’s acquisitions

Woolies pets plan hits a snag as watchdog looks at PETstock’s acquisitions

The supermarket giant’s attempts to buy a 55 per cent stake in Petspiration group has attracted the attention of the ACCC.

  • byEmma Koehn andJessica Yun

Latest

The $18.7 billion takeover that has short-circuited

The $18.7 billion takeover that has short-circuited

The inescapable reality is that at this price,the bid for Origin Energy is doomed to fail.

  • byElizabeth Knight
Qantas scraps $614 million Alliance takeover after competition watchdog rejection

Qantas scraps $614 million Alliance takeover after competition watchdog rejection

Qantas has terminated its planned takeover of ASX-listed Alliance Aviation,six months after the consumer watchdog blocked the $614 million deal.

  • byAmelia McGuire
The $93b deal that could redefine the future of oil
Opinion
Oil

The $93b deal that could redefine the future of oil

ExxonMobil is buying Pioneer Natural Resources,a major US shale oil and gas producer. Will that add to global emissions or could it,perhaps,even lower them?

  • byStephen Bartholomeusz
KIIS FM owner launches $330m bid for Southern Cross Media

KIIS FM owner launches $330m bid for Southern Cross Media

ARN has teamed up with private equity firm Anchorage to buy the rival radio broadcaster,having taken a 14.9 per cent stake a few months ago.

  • byEmma Koehn andCalum Jaspan
Getting in on the game:Sports deals boom in a bad year for takeovers
Opinion
Opinion

Getting in on the game:Sports deals boom in a bad year for takeovers

In uncertain economic times,sports are turning out to be the resilient asset class that (very big) investors simply can’t pass up.

  • byAdam Minter
Advertisement
Gina Rinehart’s raids sink Liontown lithium takeover

Gina Rinehart’s raids sink Liontown lithium takeover

US chemical giant Albemarle has pulled the pin on its proposed takeover of Liontown Resources in the face of a series of raids by Australia’s richest person,Gina Rinehart.

  • bySimon Johanson
Atlassian bets big on remote work with $1.5b acquisition

Atlassian bets big on remote work with $1.5b acquisition

Mike Cannon-Brookes and Scott Farquhar’s Atlassian plans to fund the purchase of the company – which facilitates remote work – almost entirely from its existing cash reserves.

  • byTim Biggs
ExxonMobil buys US shale giant in $93 billion fossil fuel deal

ExxonMobil buys US shale giant in $93 billion fossil fuel deal

In the world’s biggest corporate acquisition this year,the oil behemoth is doubling down on fossil fuel production despite increasing concerns about climate change.

  • byClifford Krauss
Rinehart seizes strategic stake in lithium star Liontown

Rinehart seizes strategic stake in lithium star Liontown

Mining magnate Gina Rinehart has boosted her holdings in the Western Australian miner to just below the 20 per cent takeover threshold.

  • bySimon Johanson
ACCC clears $18.7b Origin buyout to speed up green energy shift

ACCC clears $18.7b Origin buyout to speed up green energy shift

The competition watchdog has approved the acquisition of Australia’s largest energy retailer,but large shareholders think the bid undervalues the company.

  • bySimon Johanson