Vicinity Centres sells 50% stake in Runaway Bay Center
SYDNEY, AUSTRALIA: Vicinity Centres has exchanged contracts to sell its 50% interest inRunaway Bay Centre in Queensland for $132 million, an 18% premium to 30...
nib holdings to acquire Kiwi Insurance for $43mn
SYDNEY, AUSTRALIA: nib holdings limited announced its New Zealand subsidiary, nib nz holdings ltd (nib NZ) has agreed to purchase 100% of the shares in...
COSOL Limited agrees to acquire Clarita Solutions
BRISBANE, AUSTRALIA: COSOL Limited has executed a Share Purchase Agreement (SPA) to acquire Clarita Solutions Pty Ltd. Upfront consideration for the acquisition consists of $7...
BlueScope buys steel recycling business of MetalX for $240mn
SYDNEY AUSTRALIA: BlueScope has entered into a binding agreement to buy the ferrous scrap steel recycling business of MetalX LLC. It is the leading supplier...
Chief Operating Officer Sanford Limited, Clement Chia resigns
AUCKLAND, NEW ZEALAND: Sanford Limited announced the resignation of its Chief Operating Officer, Clement Chia. CEO Peter Reidie says he has accepted Mr Chia’s resignation...
Adbri acquires Zanows’ Concrete & Quarries business for $58mn
SYDNEY, AUSTRALIA: Adbri Limited has signed an agreement to acquire the Zanows’ Concrete & Quarries business. The business operates two concrete plants, with approval for...
Square Inc.’s stockholders approve acquisition of Afterpay
SYDNEY, AUSTRALIA: Afterpay Limited confirmed that Square Inc. stockholders have approved the issuance of Square Class A common stock (including the shares underlying CHESS Depositary...
Brett Redman appointed Chief Executive Officer for TransGrid
SYDNEY, AUSTRALIA: Spark Infrastructure has announced the appointment of Mr Brett Redman as the new Chief Executive Officer (CEO) of TransGrid. Mr Redman will commence...
MotorCycle Holdings to acquire Forbes and Davies
AUCKLAND, NEW ZEALAND: MotorCycle Holdings Limited, Australia’s leading motorcycle dealership and accessories group, will expand its operations into New Zealand through the proposed acquisition of...
Fiducian acquires PCCU’s Financial Planning Business
Sydney, Australia: Fiducian Financial Services (FFS), financial planning subsidiary of Fiducian Group Limited (Fiducian) was selected by the People’s Choice Credit Union (PCCU) as the...
Philip Kearns appointed CEO of AVJennings Limited
SYDNEY, AUSTRALIA: Chairman of AVJennings Limited Simon Cheong announced the appointment of Philip Kearns AM to be the Company’s new Chief Executive Officer to take...
Tower Limited acquires remaining shares in National Pacific Insurance
AUCKLAND, NEW ZEALAND: In October, Tower Limited purchased an additional 22% stake in National Pacific Insurance from its second largest shareholder for approximately $3.4m, bringing Tower’s...