Byron Kaye
Stories by Byron Kaye
Japan’s Shinsei Bank to buy New Zealand’s UDC Finance for $480m
The planned sale also relieves owner Australia and New Zealand Banking Group Ltd of an asset it has tried to offload several times.
Australia’s NAB taps investors to raise $2.2b as coronavirus halves profit
The planned capital raising, via a discounted share sale, is the biggest by an Australian firm since the outbreak.
Australia’s Tyro Payments fixes IPO price at top end of forecast range
The timing of the IPO was bought forward a day following strong interest at the roadshow.
Australia’s Westpac to refund new retail shareholders to avoid lawsuit
Westpac offered to refund investors who bought new shares weeks before a lawsuit accusing it of breaches of money laundering laws.
NZ-based Kathmandu Holdings to buy surfing gear firm Rip Curl for $236m
After buying Rip Curl, Kathmandu said it would have 341 of its own stores around the world.
Australia’s Scentre sells Sydney towers to Blackstone for $1.1b
Scentre was part of Westfield Corp until the companies split in 2014.
Aussie regulator to review Crown’s $1.5b Sydney casino after stake sale to Melco
The regulator said it had "carefully considered" Crown's relationship with Melco.
KKR ropes in ex-Australian PM Malcolm Turnbull as global senior advisor
The appointment is effective from June 1, KKR said in a statement.
Australia’s TPG pins hopes on court after watchdog blocks $10b deal with Vodafone
The nation’s anti-trust regulator blocked the $10 billion merger of TPG and Vodafone Group Plc citing competition concerns
Australian sovereign fund criticises NAB’s leadership change
The comments from Future Fund chairman Peter Costello put Australia's big banks on notice that investors are paying close attention to governance issu