Today
Twiggy’s Tenmile pinches Bell Potter analyst
The Andrew Forrest’s private health tech fund has recruited a seasoned academic, who has been working as a sell-side analyst at Bell Potter.
- 13 mins ago
Dutch giant APG backs Scape’s principals in $1.5b build-to-rent push
The trio’s initial goal is to deliver at least 10,000 build-to-rent apartments by 2030 in Sydney, Melbourne and Brisbane via acquisitions or developments.
- 1 hr ago
Yesterday
The billionaires are still battling over how exactly Sun Cable sold
On Friday, Sun Cable’s administrators announced that Mike Cannon-Brookes’ Grok Ventures had been successful in securing the project for an undisclosed amount
FIIG Securities gets hostile bid from IAM, calls in Hamilton Locke
IAM’s bids would have valued FIIG Securities at $27 million odd.
Morgan Stanley Sydney MD exits amid job cuts
Sources said Michael Hufton, a transport and infrastructure banker who had relocated from Hong Kong, was due to exit soon.
Azure Capital in Transurban’s camp for EastLink toll road tilt
This time around, however, Azure Capital is Transurban’s boutique pick.
Intermediate Capital resurrects SCF Containers sale, hires new adviser
Street Talk understands ICG has parted ways with Jefferies for SCF Containers and called in Rothschild.
This Month
Terms out for Sayona Mining’s $200m raising
A term sheet sent to potential investors after market open said Sayona would offer shares at 18¢ a pop or a 14.3 per cent discount to the last close.
Non-alcoholic cocktail brand Naked Life serves up $3m raise
Naked Life Non-Alcoholic Spirits, which sells a range of drinks to teetotallers beyond the standard lemon lime and bitters, is getting ready to launch a $3 million crowd-funded raise.
Anacacia Capital’s Pump Haircare up for sale, Miles Advisory on ticket
Mid-market private equity investor Anacacia Capital has tasked Miles Advisory with finding a new owner for its majority stake in Pump Haircare Australia, just 2½ years after it bought the business.
GenesisCare lenders sell $US400m of debt, trades in mid-teens
It’s understood at least one party has offloaded its exposure to the debt stack for “mid teens or around 15¢.”
Lithium rockstar Sayona Mining prepares equity raising, taps broker
The $200 million cash call will be disclosed to the market on Friday morning.
Quinbrook pops up in Grok’s camp at Sun Cable, deal close
Quinbrook Infrastructure Partners is understood to be one of Mike Cannon-Brookes’ consortium partners at Sun Cable, as the billionaire’s Grok Ventures closes in on a deal.
Tony Pitt’s 360 Capital signs three real estate lending deals
Listed investment business 360 Capital is making the most of the disruption in real estate financing, signing off on three first mortgage investments.
Gold explorer Predictive Discovery in $40m raise
West African gold explorer Predictive Discovery had its brokers rounding up investors for a $40 million raising on Thursday morning.
Soul Patts dives into Carlile Swimming, creates east coast platform
Soul Patts will keep the respective brands alive on a stand-alone basis but seek to add “institutional quality” to the sector.
Power up! PE investor Fortitude scores perfect TEN
Fortitude’s dealmakers are forecasting investors could double their invested capital.
Fortescue Metals in strategic review of power ops; Citi hired
The review will consider decarbonisation and power generation options for the $2 billion-plus division.
Redox IPO broker syndicate swells; Ords, Wilsons and Shaws on ticket
Family-owned chemicals business Redox has called in extra troops to get its mooted billion-dollar IPO off the ground.
School’s out for ECA; MacCap, BofA tee up IPO roadshow
ASX aspirant ECA will be compared to listed tearaway IDP Education.