By Byron Kaye
IOOF said its $705 million deal to buy part of ANZ’s pension unit would now take place after it had formally split its pension assets.
The new fund will focus on automotive, mobility, AI, smart cities, Industry 4.0, enterprise software and fintech.
Navitas late last year rejected an indicative offer from founder Rob Jones and PE company BGH, saying the bid undervalued it.
Investcorp sad it will manage both the assets acquired through the secondary transaction and the fund’s new capital.
SoftBank CEO Masayoshi Son announced in March last year a plan to invest in creating the world’s biggest solar power project in Saudi Arabia.
Headquartered in Queensland, Retail Food Group claims to be Australia’s largest multi-brand retail food franchise owner, where it operates Brumby’s, Donut King, Crust Gourmet Pizza, Michel’s Patisserie and Gloria Jean’s.
Aramco plans to tap the market in the second quarter, selling its first international bond and forcing the world’s largest oil producer to disclose its accounts to investors for the first time since its nationalization roughly four decades ago.
This is part of its move to rebalance its portfolio of assets away from Europe.
Slack, which operates a popular workplace instant-messaging and collaboration app, is likely to debut in the second quarter.
The world’s largest brewer has been looking to reduce borrowings following its purchase of SABMiller Plc for more than $100 billion in 2016.