Aaron Saldanha

Australia’s Investa says Blackstone willing to sweeten buyout bid

Investa has been a takeover target for years, as tight supply and strong growth lift rents in Australia, especially in Sydney where the company’s towers are concentrated.

Australia’s Santos buys Quadrant Energy for $2.15b after spurning takeover

Deal comes less than 3 months after Santos rejected a $10.8b takeover from Harbour Energy.

Australia’s Bega Cheese to buy Saputo dairy plant for $184.5m

The deal comes four-and-a-half months after Canada’s Saputo said it was discussing plans to sell the milk plant to address concerns from Australia’s competition watchdog about its buyout of Murray Goulburn Co-operative.

Miner Yancoal Australia applies for dual listing in Hong Kong

Yancoal also proposed a 35-for-1 share consolidation for shareholders’ approval, which its majority shareholder Yanzhou Coal Mining Company Ltd said it intends to support.

Philippines’ GT Capital to buy Toyota shares worth up to $202m

Toyota and GT Capital are co-owners of Toyota Philippines, the country’s top automotive manufacturer and retailer.

Australia’s Mirvac buys 50% stake in Sydney property from Blackstone fund

The deal comes at a time when the U.S. private equity giant Blackstone has been seeking to deepen its exposure to Australian and New Zealand commercial property.

Australia’s Sino Gas & Energy accepts $401m takeover offer from Lone Star

Lone Star is betting on two large gas projects in China, where gas demand is soaring.

Blackstone offers $2.3b for Australia’s Investa Office Fund

The bid marks a move deeper into the Australia-New Zealand real estate market for the U.S.-based private equity giant.

Australia’s Reliance Worldwide buys UK’s John Guest for $923m

The purchase of the UK-headquartered maker of plastic “push-to-connect” (PTC) fittings would be supported by raising equity of up to A$1.10 billion.

Australia’s Commonwealth Bank said to seek $2.3b listing for asset management arm

Commonwealth Bank of Australia said it intends to list Colonial First State Global Asset Management on the Australian Stock Exchange by the end of 2018.