Australia

Final draft of Trans-Pacific Partnership (TPP) Agreement can affect startups - report

A VentureBeat article urged startups to push for involvement in the drafting of the Trans-Pacific Partnership (TPP) Agreement to ensure that provisions in the trade agreement are not biased.


AUW head approves potential sale of GrainCorp

Australian Workers Union head Paul Howes said the need for Australia to have a fresh injection of capital was more important than considering the sentiments of union workers at GrainCorp regarding the sale of the company to US-based Archer Daniels Midland.

Top deals of the day - Mergers & Acquisitions

The following bids, mergers, acquisitions and disposals were reported on Friday. The following bids, mergers, acquisitions and disposals were reported on Friday:Warren Buffett's Berkshire Hathaway Inc disclosed on Thursday a new $3.

Murray & Roberts obtains buyout approval from Clough shareholders

Construction group Murray & Roberts Holdings, Ltd announced that it had secured a material requirement to move forward with its buyout of Australian engineering company Clough Ltd.


Latest News

Japan-based Secured Capital, the real estate arm of private equity firm PAG, raised USD1.5 billion to invest in real estate and debt opportunities in Asia.
The following bids, mergers, acquisitions and disposals were reported on Thursday including Sigma Alimentos, Fastjet, Rostelecom, DNB, Caixabank, Cyfrowy Polsat, America Movil, Alitalia, Telecom Italia.
Airline firm Virgin Australia Holdings Ltd said it plans to raise USD350 million in capital to enhance its liquidity by offering new shares to its existing shareholders.
Brisbane-based veterinary giant Greencross announced its intention to buy pet retail chain Mammoth Pet Holdings in an acquisition deal that is valued at USD330 million.
The following bids, mergers, acquisitions and disposals were reported on Wednesday including BNP Paribas, Facebook, Crocs, VTB Capital and Flybe Group.
Warrnambool Cheese and Butter Factory is now the subject of a three way battle as bidders Bega Cheese, Saputo and Murray Goulburn all seek to be the owner of the manufacturer of brands such as Sungold Milk and Great Ocean cheese.
Murray Goulburn Co-operative Co Ltd, the second-biggest shareholder in Warrnambool Cheese and Butter Factory Co Holdings Ltd, raised its takeover offer for the Australian dairy company to A$505 million ($470 million), trumping Canada's Saputo Inc's bid.
Australian diversified company Abacus Property Group raised USD75 million in a share sale, the proceeds of which would be used to more properties in New South Wales, Queensland, and Victoria.
Canadian company Saputo Inc's AUD449 million offer for Warrnambool Cheese and Butter Factory Holdings Ltd. has been recommended by the WCB board and subsequently approved by the Australian government.
This is a summary of key economic events and central bank speeches, likely to affect the global economy through the foreign exchange, equity and debt markets.
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