Business
Companies
Brambles investor backs CVC approach but wants $20b on the table
Brambles investors are already warming to the prospect of a takeover, after the company’s shares soared as much as 13 per cent on Monday following confirmation that the pallet supplier has been in preliminary talks with private equity giant CVC.
- by Colin Kruger
Latest
Opinion
Mergers & acquisitions
Who knew CHEP pallets were sexy prey. Corporate vultures, of course
Corporate vultures’ nostrils are flaring as they size up Australia’s $17 billion pallet maker Brambles.
- by Elizabeth Knight
Opinion
Mergers & acquisitions
Elon Musk needs an exit from his ill-timed Twitter bid
You don’t have to look hard for the reason for Elon Musk’s decision to put his $US44 billion bid for Twitter “temporarily on hold.” A check on two share prices would do the trick.
- by Stephen Bartholomeusz
Elon Musk sows doubt over Twitter deal but still ‘holds all the cards’
Doubts have grown in recent days that Musk would be able to pull off his acquisition of Twitter, and that the entrepreneur may consider dropping his bidding price for the micro-blogging site.
- by Giles Turner
Exclusive
Media & marketing
Television networks urge government to beef up media code
Australia’s television sector wants additional measures added to landmark news media laws to ensure Google and Meta strike commercial deals for years to come.
- by Zoe Samios
Exclusive
Telecommunications
Telcos push for payments from streaming, social media giants
Australian telcos want gaming companies and streaming services to pay them to prop up their networks.
- by Zoe Samios
US government accelerates road for Australian miner to power EVs
ASX-miner Syrah Resources in on the road to becoming biggest natural graphite producer outside of China.
- by Jackson Graham
Netflix’s Australian tax bill was $868,000 last year
Netflix paid just $868,000 in tax in Australia last year, despite estimates it raked in hundreds of millions of dollars from subscribers in the country.
- by Zoe Samios
Ashton Kutcher and Ukraine are fans but an Aussie-founded AI firm is in strife
Australian founder of Clearview Hoan Ton-That believes his database of more than 10 billion images is helping police catch insurrectionists and paedophiles but his business model is under threat around the world.
- by Laurel Henning, Cynthia Kroet, James Panichi and Mike Swift
Views diverge over rate hikes impact on REITs
Property analysts are taking diverging views on the health of the $135 billion listed real estate investment trust sector, given the unfamiliar climate of rising interest rates and inflation.
- by Tim Boreham
Moon Dog beer maker’s building hits the market
The freehold housing one of Melbourne’s earliest 21st century craft breweries, is on the market.
- by Nicole Lindsay