The private equity group has made it clear the $8 billion bid is dependent on Crown not being stripped of any of its casino licences.
All eyes are on AngloGold Ashanti after IGO struck a deal to sell its 30 per cent stake in the Tropicana gold mine to Regis Resources for just short of $1 billion.
Australian waste giant Cleanaway’s $2.5bn deal to buy all of Suez’s local assets is off the table after the French giant agreed to bury differences with hostile buyer Veolia, but the play for Sydney assets will continue.
The group is buying Engenium, an 18-year-old mining engineering specialist owned by its management.
Regis Resources is understood to have won an auction process for IGO’s 30 per cent stake in the gold mine, but AngloGold Ashanti still holds pre-emptive matching rights.
The group has sold its Tasmanian crayfish business, saying it is no longer fit for its business model which focuses on the full supply chain, including farmed animals.
The listed company is effectively merging with Skill Hire Australia under a $13m deal that will see the latter emerge with half of GO2.
A Perth-based family business that started in 1985 as a one-man footpath contracting operation is expanding its footprint with two significant acquisitions, including its first international purchase.
Danielle Le Messurier
The waste management group will buy some Sydney assets of Suez if it is locked out of a full $2.5 billion purchase of Suez’s Australian business.
Moelis Australia will advise the billionaire on Blackstone Group’s $8 billion tilt at the gaming group.
Perth’s most prominent office, hotel and apartment development is about to change hands.
The US giant’s Australian business struggled in 2020 with weak LNG prices, falling sales to Japan and production disruptions from major repairs to its Gorgon gas plant.
The Court of Appeal says it will hold the Chinese company’s debt to Perth’s MSP Engineering on trust while it decides whether to overturn a judgment against Tianqi.
A report by Knight Frank this week shows investment volumes in the CBD have been well down, totalling $232m in 2020, the lowest level in a decade.
The world’s biggest supplier of the battery mineral was hurt by weak lithium prices and a plunge in sales to co-owner and beleaguered Chinese group Tianqi.
Lawson Grains has put 90,000ha of arable farmland on the market, with more than half of that from six aggregations in WA — and private farmers are leading the rush.
Plantagenet Wines has a new owner after one of WA’s oldest family businesses handed over the reins of the Great Southern region’s first commercial winery to its managing director.
Property group REA has proposed buying broking business Mortgage Choice for $244 million, and the latter has asked shareholders to approve the bid.
AMP has so far been unable to sell its private markets business to US-based Ares Management Corporation, after a preliminary agreement lapsed.
Pastoralist Brent Smoothy admits the iconic Balfour Downs cattle station in the Pilbara could be of interest — provided it comes at the right price.
Speculation is swirling that the Duncan Gibbs-led company could emerge as the preferred bidder for IGO’s 30 per cent stake in the asset.
Three more directors of Greensill Capital have resigned as the trade-finance company faces a fight for survival following the flight of its top backers.
Eddie Spence and Lucca de Paoli
Greensill Capital is moving closer to a deal to sell its operating business after a swift crisis of confidence in Lex Greensill’s start-up lender forced it to seek a sale to avoid collapse.
Lucca de Paoli and Luca Casiraghi
Developer Jim Litis — renowned for his passion for heritage property — has thrown his personal support behind the city after buying the Jim Kidd building.
© West Australian Newspapers Limited 2020