Sonali Paul

Australia may hamper HK-based CK Group’s $9.4b takeover bid for APA

CK Infrastructure Holdings is leading a consortium which offered A$11 a share for APA in what would be the third biggest takeover, including debt, of an Australian company.

Australia’s AMP defends $2.3b sale of life insurance arm

Sydney-based fund manager Merlon Capital Partners sent a letter to the board attacking what it called a “preposterous” and “inept” deal and seeking an explanation on how the sale could be stopped.

Macquarie to back Australia’s ambitious $16b renewable energy project

Macquarie has agreed to provide development capital and take an equity stake in the project, alongside Vestas, Intercontinental Energy, and CWP Energy Asia.

Hong Kong’s CKI gets green light to bid for Australia’s APA Group

The deal would make CKI, founded by Hong Kong tycoon Li Ka-shing, the major gas pipeline player in Australia.

US private equity firm plans IPO of $732m Coronado Coal in Australia

The initial public offering is expected to value the whole company at around A$3 billion.

Australia’s Quadrant, Carnarvon hail ‘incredible’ oil find in sector ripe for M&A

Private equity firms are expected to drive a wave of merger activity in Australia’s oil and gas sector

Viva Energy prices at low end for Australia’s largest IPO in four years

The first half of this year has marked the busiest period for Australian issuers since early 2007.

Vitol launches Viva Energy $3.7b IPO, Australia’s biggest in 4 years

Institutional investors have already committed to buy about A$1.2 billion worth of shares.

Australia’s Santos gets final sweetened $10.8b bid from Harbour Energy

It has hiked its bid for a fifth time in nine months after a steep rise in oil prices and potentially deterring any rival bids.

Japan’s Mitsui makes $481m bid for Australia’s AWE, outpacing other suitors

The Japanese company is eager to gain experience as operator of a gas field, a Mitsui spokeswoman in Tokyo said.