Tom Westbrook
Stories by Tom Westbrook
Transurban-CPPIB consortium buys Sydney tollroad stake for $6.7b
The consortium also includes Abu Dhabi sovereign wealth fund Tawreed Investments and local fund AustralianSuper.
Australia’s TPG Telecom exploring merger deal with rival Vodafone
TPG and Vodafone Group PLC's local venture said in separate statements they had engaged in "exploratory" talks
Australia’s Bingo buys local rival Dial A Dump for $423m
Bingo seeks to build capacity to process kerbside trash in a move aimed at cashing in on a Chinese ban on waste imports.
Australia’s Healthscope to spin off hospitals into a trust ahead of proposed sale
Healthscope recently rejected buyout offers from Canada's Brookfield Asset Management and a consortium of local private equity firm BGH Capital and Au
Australia’s Suncorp sells life insurance unit to Japan’s Dai-Ichi for $540m
Australia is an attractive market for foreign insurers because the population and economy are growing faster than in most other developed markets, and
China’s debt-laden HNA cancels $200m Australian logistics deal
The unwinding of the offer, which included HNA assuming an additional A$120 million in debt on top of the purchase price, comes as HNA has been off
Australia’s APN sweetens bid for rival in race for billboard assets
Four firms control 97% of Australia's $660 million outdoor ad industry and, with digital ad boards dramatically lifting their earnings potential, they
Australia’s Sirtex Medical accepts $1.4b takeover offer from China’s CDH
Australia has proven an attractive destination for Chinese investment in the healthcare sector, with A$5.5 billion in deals agreed since 2015.
Reeling under attack by US short seller, Australia’s Blue Sky says chairman to step down
California's Glaucus Research Group has claimed Blue Sky had overstated its size, exaggerated its performance and over-valued assets.
Australian regulator to probe Uber Eats’ contracts with restaurants
Restaurateurs were disgruntled with contract terms they said left them, and not Uber, responsible for late deliveries despite being charged by Uber fo
