This Month
‘Commercial negotiation’ behind Rozelle Interchange traffic meters
The operational agreement behind “ramp meters” that slow cars passing through Sydney’s controversial $4 billion Rozelle Interchange will not be made public.
- Jenny Wiggins
February
Atlas Arteria to be more ‘transparent’, explore special dividends
The toll road group flags more share buybacks and special dividends to boost its share price, which plunged after the acquisition of Chicago Skyway in 2022.
- Jenny Wiggins
Worley writes off Ecuador claims as interim net profit rebounds
Worley CEO Chris Ashton says the global engineering group could pursue claims for work done in Ecuador through the South American country’s courts after a $58 million write-down.
- Jenny Wiggins
Coles slams price gouging claims | PwC’s gender pay gap revealed | Haley loses billionaire donors
Read everything that’s happened in the news so far today.
Irish giant CRH’s $2.1b bid wins over Adbri
The independent directors of cement maker Adbri have agreed to the $3.20-per-share offer from NY-listed Irish group CRH.
- Simon Evans
Alcoa’s mega deal is ’20 years too late’ | Buffett’s still got it | The menace of absurd job titles
Read everything that’s happened in the news so far today.
Transurban hits brakes on Denver’s Northwest Parkway
Local deal junkie Transurban has withdrawn from the auction of a stake in Denver’s Northwest Parkway.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Updated
- Courts
Former Bingo boss gets 400 hours of community service for price-fixing
Daniel Tartak and the company, now owned by Macquarie’s asset management division, had already pleaded guilty to fixing the price of waste services in Sydney.
- Updated
- Jemima Whyte
Ex-Bingo CEO sentenced | Playing the Nvidia-fuelled Al boom | Sydney’s $65m house sale
Read everything that’s happened in the news so far today.
CSR’s $4.3b French buyout bid ‘compelling’: shareholder
Fund manager Merlon Capital says the $9 per share proposal offers “compelling” value for one of Australia’s oldest companies.
- Simon Evans
Transurban accelerates down Denver’s Northwest Parkway
Transurban Group boss Michelle Jablko is ready to zoom past Melbourne’s EastLink toll road, and switch direction to another auction across the Pacific.
- Sarah Thompson, Kanika Sood and Emma Rapaport
PEP closes in on regional NSW waste biz JR Richards
SAF II’s continued push into waste management comes as two other sizeable assets are seeking buyers.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Updated
- Airports
Airlines face more scrutiny on Sydney Airport flight cancellations
The Albanese government is proposing audits of landing and take off slots at the country’s busiest airport as part of a crackdown on anticompetitive behaviour.
- Jenny Wiggins, Ayesha de Kretser and Maxim Shanahan
Flight delayed: Queensland Airport auction start to spill past Easter
Suitors revving up to bid for a controlling stake in Queensland Airport Limited will have to wait a little longer for the auction.
- Sarah Thompson, Kanika Sood and Emma Rapaport
HMC Capital set to tap QIC dealmaker for energy transition unit
Karl was a key player in building out QICs energy portfolio, both as a partner and a member of the investment committee.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Executives scrambling after affair at Brisvegas storage firm
National Storage REIT said external lawyers are investigating an affair between the company secretary and HR chief.
- Mark Di Stefano
Stokes’ Seven Group bids to take full control of Boral
Boral shares climbed 4.6 per cent as Seven Group, which owns 71.6 per cent of the concrete company, returned with a scrip and cash offer.
- Updated
- Simon Evans
Blackstone puts tentacles out for data centre giant AirTrunk
The PE giant hasn’t issued a formal request-for-proposal – or met with the sellers. Yet, there’s no doubt that it is trying to squeeze out as much information as possible about the looming mega-deal.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Canadian pension giant lobs bid for NSW Land Registry; bankers up
The Canadian titan comes to the table with 15-plus years of experience in the sector.
- Sarah Thompson, Kanika Sood and Emma Rapaport
$300m insurance claim goes boom after power station explosion
CS Energy, which maintains it could not have foreseen a power station explosion, says insurers haven’t paid up claims yet. So it’s off to court.
- Liam Walsh
