Search Results for:Sonali Paul

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.

Australia’s Mineral Resources to buy AWE Ltd for $403m

The offer topped a A$442-million bid from China Energy Reserve and Chemicals Group.

Engie, Mitsui to sell Australian coal-fired power plant to Chinese-owned Alinta

France’s Engie and Japan’s Mitsui put Australia’s coal fired power station Loy Yang B up for sale a year ago.

Australian gas producer Santos rejects $7.2b takeover approach

Santos has rebuffed the approach from PE-backed Harbour Energy as too cheap.

China Minmetals-owned MMG seeks M&A in copper, zinc, other commodities

MMG may look more towards partnering other companies on the assets it wants to acquire, rather than going for acquisitions paid fully in cash.

Australia’s Beach Energy to buy gas assets from Origin for $1.25b

The deal will triple Beach’s oil and gas reserves, transforming a company valued at $1.2 billion that has long been focused on one basin in central Australia.

China’s Fosun, others eye Australia’s Origin Energy gas assets worth $1.5b

Australia’s top energy retailer Origin has drawn interest from at least five potential bidders.