Santos $11bn bid approach seen too low
A reported looming $11b takeover bid for Santos from a heavyweight US private equity firm has taken the market by surprise and drawn reaction that it undervalues the local player.
A reported looming $11b takeover bid for Santos from a heavyweight US private equity firm has taken the market by surprise and drawn reaction that it undervalues the local player.
A consortium of powerful global energy investors, led by a former executive director of Royal Dutch Shell, Linda Cook, is said to have recently approached the Santos board.
The chairman said the board is taking AUSTRAC matters "with the gravity they warrant" as they were "very serious" allegations
CBA chairman Catherine Livingstone says the global search for Ian Narev's successor is "well advanced". Two new names are now said to be in the mix.
Shares fail to rebound from their commodities-led slump of recent days amid a busy day of annual meetings and ahead of Aussie jobs data.
A chill is sweeping through financial markets as investors brace for big policy shifts in the world's two largest economies.
Hardline conservatives have dumped plans for a rival bill on same-sex marriage after Australians voted emphatically to change the Marriage Act.
Ex-Bellamy's Australia boss Laura McBain has made her first acquisition since joining listed Primary Opinion, snapping up a bio-dynamic organic dairy farm for $34m.
Beleaguered dairy processor Murray Goulburn pays a $650,000 penalty as it agrees to contravening continuous disclosure rules.
Quadrant Private Equity has bet big on gyms and wellness trends, spending nearly $750m in the past 12 months bulking up its Fitness & Lifestyle Group.
Woolworths has had a change of heart about Coca-Cola Amatil's biggest new product in 10 years - Coke No Sugar - but has deleted two more water brands.
A fledgling solar energy company has won the support of a key player in the lithium boom and the ear of the federal government.
A record year for venture capital and the launch of new buy-out funds has boosted Australian private equity fund raising to a 10-year high.
The gap between US short-dated and long-dated US Treasury yields contracted to its tightest in a decade.
The tumble in the Australian dollar could accelerate if today's October job data misses expectations.
RBA assistant governor Luci Ellis has delivered an impassioned rebuttal of commentators who argue the national economy needs a good recession.
A record-high number of fund managers think stocks are overvalued right now, and a record-high number of managers keep on buying those stocks anyway.
It is a long time since Chanticleer has heard the word love used so freely by chief executives when describing the pathway to success in business.
The Yes vote has not just delivered a refreshing reflection on our community but a reminder of what politics looks like when it is conducted with competence and goodwill.
The same-sex marriage campaign by big business shows just how "business as usual" has shifted.
Big business has succeeded where Canberra failed by taking a united stand on a social issue that impacts their workforce.
Same-sex marriage should be legal by Christmas after 61.6 per cent of Australians voted Yes in the historic voluntary postal survey, and only 38.4 per cent voted No.
Asiaciti, one of the Asia-Pacific's biggest offshore specialists, provided secretive companies for clients across the globe.
RBA assistant governor Luci Ellis has delivered an impassioned rebuttal of commentators who argue the national economy needs a good recession.
As Kristina Keneally prepares to go head-to-head against federal MP John Alexander in the contest for Bennelong she now has a weekender to seek refuge from the limelight.
In the seat of Blaxland in south-west Sydney, most voters are still reluctant to accept the outcome of the same-sex marriage vote.
North Korea gave its version of a diplomatic verdict on Wednesday on President Trump's recent trip to Asia: He's a coward who deserves to die.
21st Century Fox survived a 43pc protest vote on its dual-class share structure, reaffirming the Murdoch family's control.
Julian Simpson had been admiring the view of the Empire State Building, which was lit up in rainbow colours to celebrate Australia's gay marriage vote.
Elon Musk’s battery-powered semi is about to be released. It may be a beast on the road, but does it have what it takes to move a market?
Zimbabwe's long-ruling President Robert Mugabe is under house arrest as the military seized control of Harare.
If you're likely to withdraw more than the minimum annual pension from your DIY fund, it will pay off to plan ahead.
Splurging all your money on property is not always the best advice when you need income too, writes Sam Henderson.
Even as banks open up their financial adviser's approved product lists, questions remain.
Cindy Hook says leadership is undergoing a transformation. "Our workforces expect this and if we don't bring it, they are going to leave."
CEOs say business backing of the Yes campaign showed Canberra that business leaders understand public sentiment.
The 20-year old maker of human resources software now makes more than half its revenue offshore.
The most senior banking executive called to appear has said the conduct of its traders was not evidence of market manipulation.
Companies should publicly respond to problems as soon as they discover them, or risk losing control of a crisis.
When the Museum of the Bible opens this weekend, it will set a new standard for how the United States' museums fuse entertainment and education.
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