Paulina Duran
Stories by Paulina Duran
Australia’s Future Fund posts record 22% return betting on global stocks, private equity
The performance has offset last year's negative 0.9% return and smashing its self-imposed return target of 5.6%.
Sydney Airport rejects improved $16.8b buyout bid from group of infra investors
The new offer was 2.4% higher than the previous offer of A$8.25 a share.
Australia’s NAB to buy Citi’s local credit card business in $882m deal
The American bank is exiting the region while BNPL rivals challenge the old credit card model.
Sydney Airport rejects $17b buyout proposal from infra funds citing undervaluation
The bid is the biggest amid a frenzy of Australian deals fuelled by record-low interest rates.
KKR to list majority-owned Australian pub group seeking $271m
KKR's current 80% ownership will be significantly diluted as the firm does not intend to sell any shares.
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.
Crescent Capital-owned Australian Clinical Labs seeks $315m in IPO
A listing of ACL would be Australia's largest IPO of the year.
Ares Management withdraws offer for Australian wealth manager AMP
Ares had been the only known party to table a bid for the firm.
Australia’s Vocus reopens books after Macquarie’s $2.6b bid, shares rise
The approach from MIRA could spark a competitive process for the telecom company.
Lazard restructures in Australia, hands over M&A advisory business to “affiliated” firm
A number of redundancies have been announced at the firm.
