AngusWhitley
Stories by AngusWhitley
Vodafone’s $7.7b Australia merger turned down by regulator
The proposal would “substantially lessen competition” for mobile-phone services in an already concentrated market, the Australian Competition and
Wynn Resorts ends talks for $7b Crown deal after disclosure
Buying Crown would have given the Las Vegas casino empire a new market for growth amid a slowdown in the gambling enclave of Macau.
Japan outpaces China in overseas M&As clocking record $191b worth deals in 2018
Japanese companies announced more than 1,000 offshore acquisitions totaling a record $191 billion last year, led by Takeda Pharmaceutical Co.’s bloc
Elon Musk says Goldman, Silver Lake advising on Tesla buyout plan
Elon Musk said he’s getting advice from Goldman Sachs and private-equity firm Silver Lake on taking Tesla Inc. private, as the billionaire drip feed
HNA-backed Virgin Australia drops plans to go private
HNA, Nanshan Group, Etihad and Singapore Airlines Ltd. each own about 20 percent of the carrier and no single investor has ultimate control.
HNA fails to fully disclose how its $350m stake in Virgin Australia is controlled
Questions about HNA’s ownership have attracted the attention of regulators from Australia to Switzerland and the U.S.
KKR mounts $1.6b takeover bid for Australian telecom company Vocus
Vocus shares have tumbled 69% from a peak of A$9.30 in May,16.
HK’s PCCW plans to raise $1b in telecom unit sale
It’s the second sale in less than a week for the youngest son of HK's richest man.
Oreo maker Mondelez sells Vegemite brand to Australia’s Bega in $345m deal
Vegemite is the iconic yeast spread found in almost every kitchen Down Under.
