Byron Kaye
Stories by Byron Kaye
Australia’s IOOF delays buyout of ANZ pension assets after inquiry
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.
Australia’s Navitas backs revised $1.5b takeover offer from founder, BGH
Navitas late last year rejected an indicative offer from founder Rob Jones and PE company BGH, saying the bid undervalued it.
China’s Jangho makes $1.2b buyout offer for hospital operator Healius
Jangho Group, already Healius' biggest shareholder with a 16 percent stake, has offered to buy the remaining 84 per cent.
Australian software firm MYOB recommends KKR’s lower buyout offer
Last week, KKR cut its A$1.8 billion buyout proposal for the struggling Australian company. This came seven weeks after KKR upped its indicative bid
Australia’s BGH Capital snubbed on two billion-dollar deals in a single day
The rejections crush what BGH had hoped would be its first purchases since it was set up last year by former local heads of U.S. private-equity giant
TPG to buy Australian pet store chain Greencross for $481m
The deal presents a lifeline for a company that has been looking for ways to keep customers in a highly competitive market.
Australia’s Healthscope to spin off hospitals into a trust ahead of proposed sale
Healthscope recently rejected buyout offers from Canada's Brookfield Asset Management and a consortium of local private equity firm BGH Capital and Au
Australian pension funds under scrutiny as disconnect between fees & performance grows
Managers of nearly a third of Australia's $2 trillion in retirement savings will have their performance scrutinised at the Royal Commission into finan
Australian miner Atlas Iron backs billionaire Rinehart’s $287m buyout offer
Iron ore miner Fortescue Metals Group, controlled by Andrew Forrest, has amassed a 20% stake in Atlas and asked a regulator to halt the Rinehart deal,
Ride-sharing giant Didi picks Australia for first Western-style market foray
Didi started expanding outside Asia in Mexico earlier this year, and has said globalisation is a core strategy.