Tom Westbrook
Stories by Tom Westbrook
Australian moguls lose court challenge to CBS’ planned buyout of Ten Network
This will lead to CBS deal being put to a creditor vote on Tuesday.
CBS paying at least $162m cash for Australia’s Ten Network
CBS, the United States' most-watched television network, said it agreed to buy Ten last month.
Blackstone cancels $2.8b Australian mall sale on weak interest
Blackstone put its Australian portfolio of 10 shopping centers, mostly in Sydney and Melbourne, on the market in April.
Australia’s Telstra axes $4.4b fundraising plan after state partner’s veto
Telstra said two weeks ago it was considering doing a deal with investors by which it will get upfront a chunk of the A$1 billion per year.
CBS Corp agrees to buy Australia’s struggling Ten Network
Last week, a Lachlan Murdoch-led consortium had also bid for the network.
KKR makes $500m takeover bid for Australian mortgage lender Pepper
Australia's $1.30 trillion mortgage market is highly profitable.
Third time lucky for Tabcorp as Australian regulator clears $4.7b Tatts buyout
The deal would help create a domestic gambling powerhouse
Australia’s Wesfarmers cancels Officeworks’ $1.1b IPO plans citing weak market
The cancellation is another set-back for Australia's retail sector
Australia’s Crown Resorts quits Macau as Packer sells Melco stake
Crown and Packer, its biggest shareholder with 48 percent, are cashing out of investments.
