ASX Announcements
Yesterday
Macquarie-owned water company must double payouts to angry customers
The UK government proposes forcing Southern Water and other utilities to pay more for poor service, after water shortages and polluted supplies.
- Jessica Shankleman
This Month
Former Macquarie equities boss Dan Ritchie jumps to the buy side
The former trader has taken the reins at Factory Capital, an investment firm, which has inked deals with dentists and tattoo removalists, among other companies.
- Aaron Weinman
- Opinion
- Chanticleer
Macquarie’s Viktor Shvets’ lesson from ‘mini heart attack’ on markets
Was the market rout – and rebound – a sign of how fragile markets are, or proof they are actually less risky? Viktor Shvets’ answer might surprise you.
- Updated
- James Thomson
Foxtel for sale; Viktor Shvets’ market lesson; Sydney home eyes record
Read everything that’s happened in the news so far today.
Eyes on Macquarie as opportunistic credit funds circle Bingo
Street Talk understands the debt is again changing hands among a handful of special situation specialists, including debt trading house SC Lowy.
- Sarah Thompson, Kanika Sood and Emma Rapaport
SkyBus operator hits the market as Macquarie completes global roadshow
But after months of meetings, the investment bank’s deal makers face an uphill effort to sell Kinetic Group at the valuation that they are hoping for.
- Aaron Weinman
How Scape saved $8m by shaking off private credit
The student housing operator’s refinancing push has found ample support from global banks looking for alternatives to office property exposures.
- Aaron Weinman
Macquarie splashes $816m on giant South Korean data centre
The asset manager’s acquisition comes as it prepares to sell its stake in AirTrunk in a transaction that is expected to value the local giant at $15 billion.
- Aaron Weinman
ASX dives 3pc; CFMEU boss defiant; Citi boss jumps ship
Read everything that’s happened in the news so far today.
Jefferies grabs a piece of AirTrunk’s $20b auction
No doubt, AirTrunk should pad fee revenues for IB bosses for the December half, while burnishing the resumes of the bankers at the frontlines for years to come.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Vocus revives $6.3b dream to buy TPG’s fibre network
But sources said discussions between the ASX-listed telecommunications group and its Macquarie and Aware Super-owned rival were at a very early stage.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Abu Dhabi fund flies into IFM consortium at AirTrunk’s $20b sale
The most recent numbers in front of bidders show AirTrunk has punched through $1 billion in contracted EBITDA.
- Sarah Thompson, Kanika Sood and Emma Rapaport
ASX tops 8100; PwC’s unusual hire; Beware rate cuts mood
Read everything that’s happened in the news so far today.
Ex-Macquarie exec named PwC Australia’s first independent chairman
Company director and thriller writer John M. Green will take the role at PwC Australia as part of reforms following the firm’s tax leaks scandal.
- Edmund Tadros
July
- Opinion
- Chanticleer
Macquarie has partly reversed its ban on banking coal deals
Sentiment against part of the coal industry has softened, and Macquarie has read the tea leaves.
- Anthony Macdonald
GIP in talks to join rival bidder consortium at AirTrunk’s $20b sale
GIP’s dealmakers, including New Yorker Will Brilliant and local Rob Stewart, have all but agreed to join the swelling consortium.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Macquarie takes full ownership of Britain’s gas network
Macquarie is set to take full control of Britain’s core gas transmission network in a roughly $1.4 billion deal, as the world’s largest infrastructure investor bets on an enduring future for gas pipelines.
- Gill Plimmer and Rachel Millard
- Updated
- Investment banking
Macquarie struggles with sluggish deal activity, flags asset sales
The financial services giant told investors that its investment bank had dragged down earnings – flat on last year – for the three months to June 30.
- Updated
- Aaron Weinman
- Opinion
- Chanticleer
Macquarie investors will need patience as deal drought rolls on
Macquarie is well-positioned to win from the big shifts in markets – but the deal drought will delay those gains, despite a spring in the step of some bankers.
- James Thomson
Cabinet reshuffle looms; ANZ scandal ramps up; Ugly market outlook
Read everything that’s happened in the news so far today.
