Tom Westbrook
Stories by Tom Westbrook
Chinese stocks gain as investors unleash cash parked for suspended Ant IPO
E-commerce firms Meituan and JD.com at record highs.
ASX delays blockchain transition until 2023
ASX had flagged a delay to the project, which was scheduled for 2021, amid market turmoil in March.
PE firm Affinity to offload stake in Virgin Australia’s frequent-flyer program
Based on its earnings, Velocity could be valued at around A$2 billion ($1.4 billion).
Australia’s TPG pins hopes on court after watchdog blocks $10b deal with Vodafone
The nation’s anti-trust regulator blocked the $10 billion merger of TPG and Vodafone Group Plc citing competition concerns
Australia’s Wesfarmers mounts $544m bid for lithium miner Kidman
Wesfarmers, which last year spun off supermarket group Coles and sold down its coal assets, is seeking to diversify away from retail.
Japan’s Nippon Paint makes $2.7b bid for Australia’s DuluxGroup
The deal - recommended by the Dulux board - is the latest in a slew of Japanese acquisitions in Australia.
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
Blackstone admits losing takeover battle for Australia’s Investa to Canadians
Blackstone quit the battle for Investa Office Fund after it was gazumped by Canadian landlord Oxford Properties Group’s $2.4 billion bid.
Australian tuition provider Navitas gets $1.4b offer from BGH Capital-led group
The bid from a consortium led by fledgling private equity firm BGH Capital Pty Ltd, pension fund AustralianSuper and Navitas co-founder and top shareh
Macquarie to buy Australian farm portfolio of Qatar wealth fund
The farms, which formed the majority of Hassad Food's Australian holdings, will be transferred to Macquarie Infrastructure and Real Assets (MIRA) and
