Deals
Speculation is mounting about the latest move by the US$34 billion private equity arm of French luxury goods giant LVMH to exit an Australian investment.
Another day, another curveball in the Origin Energy takeover saga which will now extend for at least another 10 days.
The pricing, in the low double-digit percentage mark, is considered cheap for coal financing, suggesting competition among private credit to supply the loans.
AustralianSuper has been coy about its intentions as it’s built up a stake of more than 16% in Origin Energy.
Credit Suisse carved out a lucrative niche in Australia writing billions of dollars in leveraged and bilateral loans. But its new owner UBS isn't interested.
Auckland Airport has seen $700 million in interest for its potential 6.15% Australian-dollar bonds offering
Macquarie and Ares have been mentioned as potential buyers for Australian private credit assets UBS assumed as part of its Credit Suisse acquisition.
The fall of Silicon Valley Bank has created a tectonic shift in the market of lending to startups. And Western Technology Investment is looking to capitalise.
AustralianSuper's decision not to back Brookfield's sweetened takeover offer for Origin Energy is bad news for the Canadian asset manager, the M&A community and investment banker bonuses.
Brookfield is pulling out all stops in its quest to acquire Origin Energy — a sweetened deal and a Plan B to make it easier to seal the deal without major shareholder AustralianSuper.
The Federal Assistant Minister for competition says all options are on the table for merger-law changes, while non-compete clauses hurting startups are also in focus.
