SYDNEY, AUSTRALIA: Tabcorp Holdings Limited (Tabcorp) today announces that it intends to undertake a demerger of its Lotteries & Keno business. The decision to pursue a demerger follows the conclusion of a comprehensive strategic review of all relevant structural and…
SYDNEY, AUSTRALIA: Sydney Airport has received an unsolicited, indicative, conditional and non-binding proposal from a consortium of infrastructure investors to acquire, by way of scheme of arrangement and trust scheme, 100% of the stapled securities in Sydney Airport at an…
SYDNEY, AUSTRALIA: HomeCo Daily Needs REIT has announced acquisition of a 100% interest in Town Centre Victoria Point, QLD for a total purchase price of $160.0 million representing a fully leased yield of 4.75%. HDN Fund Portfolio Manager Paul Doherty…
WELLINGTON, NEW ZEALAND: Cannasouth Limited (NZX: CBD) has today entered into two conditional agreements to buy the balance of the shares that it does not already own in its cultivation and manufacturing joint venture businesses. Acquisition of outstanding shares in…
AUCKLAND, NEW ZEALAND: The a2 Milk Company (a2MC) has received the consent of New Zealand Overseas Investment Office (OIO) to acquire a 75% interest in Mataura Valley Milk (MVM), a dairy nutrition business, located in Southland, New Zealand. Completion of…
AUCKLAND, NEW ZEALAND: Kiwi Property Group Limited is offering up to NZ$100 million (plus up to NZ$50 million of oversubscriptions) of seven-year fixed-rate senior secured green bonds to institutional and New Zealand retail investors, a news release said. The offer…
SYDNEY, AUSTRALIA: Telstra Corporation announced a consortium comprising the Future Fund, Commonwealth Superannuation Corporation and Sunsuper will become a strategic partner in Telstra InfraCo Towers after agreeing to acquire a 49 per cent interest. The Towers business is the largest…
SYDNEY, AUSTRALIA: Rio Tinto has declared force majeure on customer contracts at Richards Bay Minerals (RBM) in South Africa due to an escalation in the security situation at the operations. This has led to the decision to cease operations until…
BENDIGO, AUSTRALIA: Apiam Animal Health Limited has entered into a binding agreement to acquire the assets of Scenic Rim Veterinary Service and Boonah Veterinary Hospital for total consideration of $16 million, a news release said. Scenic Rim Vets operates a…
AUCKLAND, NEW ZEALAND: Enprise Group, Enprise Solutions Ltd – part of the Enterprise Division – has signed an agreement to purchase the Intellectual Property of Very Impressive Software, a news release said. Very Impressive Software (VIS) provides software products to…
AUCKLAND, NEW ZEALAND: Rua Bioscience (NZX: RUA) and the University of Waikato have announced a ground-breaking, two-year research programme to investigate the application of hyperspectral technology to the cultivation and assessment of medicinal cannabis, paving the way for Rua to…
SYDNEY, AUSTRALIA: Probiotec Limited has agreed terms to acquire the assets and business of H&H Packaging (H&H) for total cash proceeds of up to $4 million. H&H is a Sydney-based contract packer and manufacturer with a 30-year operating history. The…