CIMB Australia refreshes top management team

Financial services provider appoints several new senior roles as Nick Rowe, Oscar Ludwigson depart.

Veda shows market appetite for shares out of escrow

Investors seen keen to buy even at small discount to provider's price.

Intrepid, Blackthorn Resources set to merge

Deal values Blackthorn at $59m; merged company will have access to copper deposits in Zambia.

CIMB execs Rowe, Ludwigson depart

Two top executives have left the investment bank.

WA asset sales aim to net $2bn

by AAP
State government lists three projects for sale to help reduce debt, regain AAA rating.

Nathan Tinkler's coal comeback runs aground

Peabody Energy abandons its deal with Tinkler, evaluates alternatives for Wilkie Creek.

Why Qantas' prognosis may not be terminal

2 comments
The losses announced by Qantas are the worst in its corporate history, but they could also mark a turning point in the company's fortunes as it stabilises its balance sheet and undergoes its structural transformation.

PEP sells half of Veda stake in $580m deal

Macquarie Capital is handling the sell-down of the private equity firm's stake; more sales out of escrow expected.

DataRoom AM: BG’s pipeline pricetag

BG Group readies itself for first-round bids of its Queensland pipeline assets, while Seven West Media goes on the hunt for international expansion opportunities.

Seven sued over Apache buy

Seven Group is being sued over the purchase of some of Apache’s best Texas ground.

Seven West eyes offshore deals

Kerry Stokes’s Seven West confirms it is 'actively' sizing up international acquisitions.

Pact to drop Dynapack bid

Packaging group looks set to abandon plan to acquire one of Indonesia’s biggest rigid plastics packaging companies.

Chinese pay $80m for Gold Coast Sofitel

A major Chinese group makes surprise purchase of Sofitel Hotel on Queensland’s Gold Coast.

New country head for CLSA

The broker, with a large presence across Asia, names Andrew Norman as country chief.

BG seeks $US4bn bids for Queensland assets

First-round bids due for coal seam gas pipeline from the Surat Basin to Curtis Island, several parties interested.

Murray Goulburn's capital plan aims for the big cheese

2 comments
Murray Goulburn's capital raising will allow it to aggressively expand and capitalise on growth in the Asian market, while offering farmer suppliers higher farmgate prices for their milk.

Healthscope FY meets guidance

Biggest IPO of the last four years says it remains on track to meet prospectus guidance for FY15 earnings.

Challenger raises $250 mln to fund annuities

The investment manager has launched a convertible notes issue to fund a likely boom in annuities sales in 2015.

Nine, Fairfax tie the knot on Stream Co

Subscription video-on-demand service, to be led by fomer ninemsn talent Mike Sneesby, will operate independently of the existing media businesses.

Flight Centre FY profit slips

Travel group upbeat about profit growth despite slide in profit, confirms acquisition of UK-based Topdeck Tours.

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