Rashmi Ashok
Stories by Rashmi Ashok
Australia’s Westpac to retain NZ business, drops demerger plan
Westpac's New Zealand unit represents about 10% of its earnings and credit exposure.
ASX-listed Altium rejects $3.9b takeover bid from US peer Autodesk
Altium said the offer "significantly undervalued" its prospects.
Australia’s Hansen Technologies gets $1b buyout offer from BGH Capital
BGH's offer represents a premium of 25.5% to the company's last closing price.
Thai Beverage defers IPO plans for regional beer business on market uncertainty
It was reported earlier that the IPO could raise about $2 billion.
Australia’s AMP says Ares keen to buy 100% of unit’s private markets biz
Ares had earlier planned to buy a 60% stake for $1.03 billion.
Exchange operator Cboe to buy Chi-X Asia Pacific to tap into Australia, Japan
Chi-X Australia is the country's second-largest securities exchange and the only competitor to ASX.
Australia’s Crown Resorts receives $6.2b proposal from Blackstone
Blackstone currently has a 10% stake in Crown which it bought from Melco in April last year.
Mitsubishi to buy 30% stake in Australia’s bauxite project from Glencore
The deal marks Mitsubishi's first investment in the mining of bauxite, a raw material of aluminium.
NZ’s Abano Healthcare enters $80m buyout deal with consortium
The consortium is owned by private equity firm BGH Capital and the Ontario Teachers’ Pension Plan Board.
AMP scraps planned sale of NZ wealth management unit on virus hit
AMP said it held discussions with a number of interested parties regarding the sale of the business.
