Today
The country’s biggest garbo goes hunting for big ticket M&A in energy
Sources said Veolia has been on the prowl for M&A opportunities within the energy sector.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Yesterday
RBC nabs Citi’s head of electronic trading
Citi’s electronic trading specialist Johnny Lau is set to join RBC in November, reporting to head of equities Karen Jorritsma.
- Sarah Thompson, Kanika Sood and Emma Rapaport
This Month
Foxtel for sale; Viktor Shvets’ market lesson; Sydney home eyes record
Read everything that’s happened in the news so far today.
ASX dives 3pc; CFMEU boss defiant; Citi boss jumps ship
Read everything that’s happened in the news so far today.
Abu Dhabi fund flies into IFM consortium at AirTrunk’s $20b sale
The most recent numbers in front of bidders show AirTrunk has punched through $1 billion in contracted EBITDA.
- Sarah Thompson, Kanika Sood and Emma Rapaport
July
Macquarie’s deal drought | AI doubters sell | Michael Milken touts private capital
This week on the Chanticleer podcast, James and Anthony look at Macquarie’s deal drought, ask why everyone’s suddenly sceptical on AI, and try to fix Australia’s capital markets.
Cabinet reshuffle looms; ANZ scandal ramps up; Ugly market outlook
Read everything that’s happened in the news so far today.
QIC confirms it has written its 5pc of Thames Water to zero
The Queensland government-owned wealth fund told a parliamentary hearing the decision to write down the undisclosed value was ‘very unfortunate’.
- James Hall
Inside AirTrunk’s pitch to the world’s heaviest hitting investors
Also around the boardroom table: the same Blackstone team who ruled off a $US10 billion ($14.8 billion) takeover of QTS in 2021
- Sarah Thompson, Kanika Sood and Emma Rapaport
Who are the highest paid ASX 200 CEOs?
New research shows that ASX 100 CEOs earn on average 50 times more than the average Australian adult.
- Hannah Wootton
Liverpool Partners hires Macquarie Capital for Seisma sale
Diligence materials on Seisma, which makes close to $25 million in earnings, are in front of a small group of offshore strategics and local sponsors.
- Sarah Thompson, Kanika Sood and Emma Rapaport
June
HMC Capital’s ex-Macquarie banker targets $5b for private credit arm
The investment firm will wrap up the purchase of Payton Capital next week, and has set its sights on real estate financing and asset-based lending.
- Aaron Weinman
Paladin Energy taps Macquarie Capital for Fission buy
It is understood Paladin has been working Macquarie Capital on the acquisition.
- Sarah Thompson, Kanika Sood and Emma Rapaport
GyG’s winning bank; PM addresses gas risk; It’s Bullock v burritos
Read everything that’s happened in the news so far today.
Macquarie customer funds caught up in Keystone asset freeze
Customers using its online trading platform Wrap are caught up in ASIC’s investigation of Keystone Asset Management and the freezing of its funds’ assets.
- Max Mason
Nuclear to wreak ‘catastrophic damage’ on renewable energy
Clean investor groups say the Coalition’s scheme will take too long, cost too much, and is incompatible with timely and cost-efficient energy transition.
- Elouise Fowler
CBA unveils aggressive business banking strategy to take on Macquarie
Among measures outlined by the bank is a plan to target $20 billion in deposits real estate agents hold for renters, a niche dominated by Macquarie.
- Michael Bleby, James Eyers and Lucas Baird
AirTrunk rolls out $7 billion staple debt package to bidders
AirTrunk’s key lenders have waived their rights to exit the debt stack upon a new owner’s arrival. Instead, they are underwriting a staple debt package to underpin bidders’ financing requirements.
- Sarah Thompson, Kanika Sood and Emma Rapaport
How this Aussie bitcoin miner is cashing in on the Nvidia AI boom
Analysts say Australian-born, US-listed bitcoin miner Iren is sitting on valuable land and energy assets.
- Tess Bennett
Queensland Airports Limited auction kicks off; process letters out
Sources said buying a slice of QAL – or even getting a good look at its books – could be a leg-up for an investor hopeful of sinking their teeth into North Queensland Airport.
- Sarah Thompson, Kanika Sood and Emma Rapaport
