Today
Red5 launches $138m block trade; Euroz Hartleys on ticket
Shares were priced at 0.335¢ a pop – a 5.94 per cent discount to the five-day volume-weighted average price.
Switzerland’s Unilabs takes a look at $4b I-MED radiology business
The company’s British private equity owners, Permira, brought in Morgan Stanley and Jefferies earlier this year to work on plans for a bumper payday.
Crowded field down to one as Booktopia emerges with new owner
DigiDirect, a privately held electronics retailer, has all but won a McGrathNicol-led sale process, which kicked off when the bookstore collapsed in July.
Dealmakers send out the sales pitch for the rebirth of stricken Rex
But Regional Express’ prospective buyers don’t have much time. Confidential documents put an August 30 deadline on binding buyout offers for the carrier.
Malaysian developer set to sell 50pc stake in Melbourne’s Shangri-La
Sources said the acquirer was a large unlisted credit fund and had put a compelling offer on the table that exceeded the initial sale price expectations.
Yesterday
Houlihan Lokey tapped for Nature’s Care sale
Street Talk can reveal receivers BDO Australia called in Houlihan Lokey to kick off a sale process.
Mosaic Brands in ‘safe harbour’; Deloitte in wings
Mosaic, whose brands include Katies, Millers, Noni B and Autograph, is understood to be working with Deloitte’s distressed advisory division, run by Sam Marsden.
Portfolio head exits ETF powerhouse Global X as departures mount
Street Talk understands head of portfolio management Cliff Man is on his way out the door after more than a decade with the firm.
Ex-RBC banker launches real estate IM with Iris Energy deskmate
Street Talk understands co-founders Bom Shin and Kevin Ghazi have just come off an Asia roadshow and are actively looking at deals.
Rare earths explorer St George buys Brazilian project; raise underway
Potential investors were told the project sits in the same complex as the Brazilian giant CBMM’s assets, which control 80 per cent of the world’s niobium mineralisation.
Japanese giant comes calling for Byron’s Smart Energy
It’s a marriage between a 104-year-old product manufacturer and a fast-growing service provider.
This Month
Superhero swoops on MYOB’s Slate Super
The online share-trading platform is one step closer to its goal of becoming a superannuation platform of scale after nabbing the $502 million fund.
Texas-headquartered EnergyX lobs $US150m bid for Galan Lithium
EnergyX’s proposal, lobbed on July 11, sought to acquire Galan’s assets in the Salar del Hombre Muerto region within the so-called lithium golden triangle.
Aged care execs seek seed capital for recruitment startup
The hopstep recruitment platform for the aged care sector is hitting up venture capital and high-net-worth types to raise $3 million.
Jefferies grabs a piece of AirTrunk’s $20b auction
No doubt, AirTrunk should pad fee revenues for IB bosses for the December half, while burnishing the resumes of the bankers at the frontlines for years to come.
Irrigation automation biz Rubicon in raise; ex UBS boss climbs to 19.9pc
Three years on from its heavily backed float, shares have sunk from $1 to 32¢ and Rubicon is rattling the tin to repair its balance sheet.
Citi’s investment banking boss jumps ship to Rothschild
Cartel’s appointment was announced to Rothschild staff early on Monday morning.
Christie’s-backed art fintech puts finishing touches on recap
It also opened a $US50 million debt book opportunity alongside the equity round and told backers it would be open to a sale or join venture discussions.
Vocus revives $6.3b dream to buy TPG’s fibre network
But sources said discussions between the ASX-listed telecommunications group and its Macquarie and Aware Super-owned rival were at a very early stage.
Aussie sport legends bag stake in golf buggy maker MGI
The investment will refresh the family-run retailer’s register for the first time since it was founded in 1993.
