SonaliPaul
Stories by SonaliPaul
Australia’s Quadrant, Carnarvon hail ‘incredible’ oil find in sector ripe for M&A
Private equity firms are expected to drive a wave of merger activity in Australia's oil and gas sector
Viva Energy prices at low end for Australia’s largest IPO in four years
The first half of this year has marked the busiest period for Australian issuers since early 2007.
Vitol launches Viva Energy $3.7b IPO, Australia’s biggest in 4 years
Institutional investors have already committed to buy about A$1.2 billion worth of shares.
Australia’s Santos gets final sweetened $10.8b bid from Harbour Energy
It has hiked its bid for a fifth time in nine months after a steep rise in oil prices and potentially deterring any rival bids.
Japan’s Mitsui makes $481m bid for Australia’s AWE, outpacing other suitors
The Japanese company is eager to gain experience as operator of a gas field, a Mitsui spokeswoman in Tokyo said.
Australia’s Mineral Resources to buy AWE Ltd for $403m
The offer topped a A$442-million bid from China Energy Reserve and Chemicals Group.
Engie, Mitsui to sell Australian coal-fired power plant to Chinese-owned Alinta
France's Engie and Japan's Mitsui put Australia's coal fired power station Loy Yang B up for sale a year ago.
Australian gas producer Santos rejects $7.2b takeover approach
Santos has rebuffed the approach from PE-backed Harbour Energy as too cheap.
China Minmetals-owned MMG seeks M&A in copper, zinc, other commodities
MMG may look more towards partnering other companies on the assets it wants to acquire, rather than going for acquisitions paid fully in cash.
Australia’s Beach Energy to buy gas assets from Origin for $1.25b
The deal will triple Beach’s oil and gas reserves, transforming a company valued at $1.2 billion that has long been focused on one basin in central