Nikhil Kurian Nainan
Stories by Nikhil Kurian Nainan
Australia’s AGL Energy withdraws second buyout offer for Vocus
The withdrawal, which came weeks after AGL had dropped an earlier approach, made it the fourth potential suitor to back away from an offer for Vocus o
ANZ Bank’s NZ chief executive leaves after expense review
ANZ said its board had raised concerns about David Hisco's characterisation of certain expenses and transactions after an internal review.
HK’s Melco to buy 20% stake in Australia’s Crown Resorts for $1.22b
Wynn, the world's No. 2 casino operator, scrapped preliminary talks to buy Crown for A$10 billion in early April.
Investment firm QIC ups takeover bid for Australia’s Superloop to $345.5m
Superloop, which also operates in Singapore and Hong Kong, has granted QIC access to its books for about three weeks.
Australian software firm MYOB’s key shareholder caves in to KKR offer
In a letter, Manikay Partners, which owns 16% of MYOB, said it felt it would be "better served" allocating its capital elsewhere.
Australia’s Dexus to buy remaining stake in Sydney skyscraper for $565m
Dexus and Dexus Wholesale Property Fund will each buy a 25 percent stake in the Sydney skyscraper.
Australia’s Brambles to sell plastic containers unit for $2.5b
Brambles will sell the unit to two wholly-owned subsidiaries of the Abu Dhabi Investment Authority, and expects to complete the deal in the second qua
Australia regulator postpones decision on $10.7b TPG-Vodafone merger
The Australian Competition and Consumer Commission (ACCC) set April 11 as the new provisional date for its decision on the mega-telco tie-up.
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
DBS names Tan Su Shan head of institutional banking arm amid rejig
Tan Su Shan, currently leading DBS' consumer banking and wealth management division, will take up her new post at IBG on Feb. 1.
