Today
Costa family-backed goFARM seeks $300m for new agricultural fund
Stressed assets – either from receivership or family dynamics – is where the firm has harvested nearly a third of its 100-plus deals since its founding in 2013.
- 1 hr ago
Yesterday
AirTrunk’s bankers delay NBIOs; new DD materials on the way
AirTrunk’s sell-side advisers informed potential bidders late last week that the $600 million-a-year business is expecting to ink new client contracts in the near term.
Chapman fields calls for in-play Queensland electricity provider LPE
The embattled Sunshine Coast-based business has called in Chapman Capital Partners and King & Wood Mallesons to mount a defence.
Rothschild, Cameron Partners seek buyers for Nestle’s Egmont Honey
The bankers have been spruiking Egmont Honey as “the fastest growing manuka company globally” in a 10-page deck.
Quadrant puts Rocklea Road maker Darrell Lea on the block
Advisers UBS and Gilbert + Tobin are expected to market the business based on a $70 million earnings figure.
This Month
Brookfield in advanced talks to buy Twiggy-backed Windlab
Both shareholders are active investors in renewables and keen to show it’s possible to make a motza in green energy.
John Laing shops interest in Sunraysia solar farm; $400m deal mooted
Early feedback suggests the asset may fetch a $400 million price-tag, sources told this column.
Adamanetem signs $70 million debt deal for Legend Corp
The $70 million debt facility was refinanced by existing lenders: HSBC, Westpac and Metrics Credit Partners.
Cbus deputy CIO and head of private markets Alex Campbell resigns
Two years after joining Cbus, Campbell was promoted to head of private markets where her remit broadened to cover $25 billion of FUM
JPMorgan starts pounding pavement for Carnarvon Energy’s strat review
Potential bidders have been told to think of the opportunity to consolidate their Dorado stake by buying up JV partner Santos’ stake.
- Updated
- Street Talk
Nauru Airlines flies in for a look at collapsed Air Vanuatu
The national carrier of Vanuatu collapsed into liquidation on Friday. Fiji Airways has already expressed interest in acquiring whatever is left of the airline.
- Updated
Crescent launches $43m block trade in ClearView Wealth
Stockbroker Morgans Financial was seeking buyers at 59¢ a share or a 1.7 per cent discount to the last traded price.
Investors put Bingo on watch as debt trades at a discount
Street Talk understands a small clip of long-dated debt in Macquarie’s waste management play Bingo traded in the past few weeks.
Big four, Japanese banks circle GPG Renewables’ $1.6b refinancing
Sources said GPG is in advanced discussions with several banks to come in on a $1.1 billion refinancing of its existing facilities.
Conscious IM bankrolls agricultural acquisition for carbon credits
Under the deal, Conscious has chipped in 100 per cent of the acquisition price as debt for Greening Australia to sole ownership of the property dubbed Dixieland.
Fundies have Regis Healthcare founder’s stake on their watch lists
The market has a close eye on founding director Bryan Dorman’s stake in the $1.2 billion aged care provider.
Incitec advisers work through final checklist for $1b fertiliser deal
The army of lawyers and bankers around Incitec Pivot’s $1 billion-plus fertiliser deal are feeling good.
Jinding’s funds management team strikes out on its own
The rebranded group will run as an alternative fund manager and continue to invest in Jinding’s $2 billion pipeline.
Puljich family sells eight land-lease assets; Highbury on ticket
Street Talk understands Living Gems has struck a deal to sell eight land-lease communities to Avid Property Group, which owns a portfolio of 45 developments.
MYOB’s Slate Super sale in the offing
Street Talk understands the Flare HR-controlled fund, which put its exit plans into gear in 2022, has turned the process over to the trustee.
