Nikhil Kurian Nainan
Stories by Nikhil Kurian Nainan
Australia’s AMP ends asset sale talks with Ares, opts for spin-off instead
AMP has been in protracted talks with Ares to sell its asset management arm's private markets business.
Australia’s Afterpay mulls US listing as buy now, pay later thrives
It is understood to have tapped Goldman Sachs to advise on the listing.
Ares Management plans to buy 60% of AMP Capital’s private markets business
The offer comes weeks after Ares scrapped a bid for the Australian company.
Australia’s Afterpay mulls global listing as first-half sales double
Afterpay is Australia's 12th most valuable company.
Australia’s CBA expects to gain more from China insurer stake sale
CBA will sell 37.5 per cent stake in BoCommLife to Japan's Mitsui Sumitomo Insurance Co.
Australia’s Westpac sells general insurance arm to Allianz for $535m
For Allianz, the deal will boost its presence in Australia's general insurance market.
Coca-Cola European Partners makes $6.6b takeover offer for Coca-Cola Amatil
US-based Coca-Cola Co owns a 30.8% stake in Coca-Cola Amatil and a 19.4% stake in Coca-Cola European Partners.
Australia’s Link rejects Carlyle-Pacific Equity bid, says open to talks
Before the offer was announced early last week, Link had lost nearly a third of its value since the start of the year.
Alibaba to buy controlling stake in hypermarket chain Sun Art in $3.6b deal
Alibaba, which already owned 21% of Sun Art through a unit, will raise its stake to around 72%.
Australia’s Uniti sweetens OptiComm takeover offer to $495m
The offer is nearly 3% higher than pension fund Aware Super’s bid.