Chinese firm concludes acquisition of SP AusNet stake
The State Grid Corp of China officially completed the $7.5-billion purchase of interests in Australian power firms SP AusNet and Jemena from utilities group Singapore Power.
Oceania
Sydney Stabbing Suspect Killed Prominent Businessman John Singleton's Daughter While Shopping for Her Wedding
Dawn Singleton, daughter of advertising mogul John Singleton, was tragically one of the six victims in a horrific knife attack at Westfield shopping center in Bondi Junction on Saturday.
Sydney Shopping Center Stabbing: 6 Dead, Others Injured, Including 9-Month-Old Baby, After Knifeman Attacks Random Shoppers
A stabbing attack erupted at a Sydney shopping center that left several individuals, including a small kid, injured and resulted in the deaths of five people and one suspect, according to police...
Climate Change Causes Massive Chunk Of Ice To Disappear From Polar Regions
A chunk of ice said to be the size of India has disappeared from the polar regions due to the exceptional warmth recorded this year. The report further calls for the growing concern on the worsening c..
State, Provinces & Regions To Materialize Pledges For Global Warming Advocacy
The worldwide pledge to conquer climate change is being materialized...
Latest News
Australian investment firm Keybridge mulling buyback to repel Oceania takeover
Australia-based investment company Keybridge Capital Ltd is considering a share buyback using its $20.5 million cash in an effort to repel a takeover by its rival Oceania Capital.
Ansell completes purchase of US protective equipment maker BarrierSafe
Australia-based protective clothing manufacturer Ansell Ltd has completed the purchase of US-based firm BarrierSafe Solutions International in a deal valued at $615 million (A$692.29 million).
Perth miner Mirabela Nickel secures $45M in interim financing
Perth, Australia-based mining firm Mirabela Nickel Ltd secured a $45-million (A$50.7-million) loan from its note holders in an interim financing deal as the Rothschild Capital Funds looks for investor
Australia's Leighton buys out Indian partner Welspun in $100M deal -source
Australian construction firm Leighton, is buyout out Welspun Group's 40% stake in the company in a $100-million deal (INR62 crore), according to a person directly familiar with the matter.
PCH International acquires Australian distribution firm Conexus
Cork, Ireland-based consumer electronics distributor PCH International announced it has acquired Australian distribution company Conexus for an undisclosed amount to give its clients better access to
Chinese firm eyes purchase of Australia's United Dairy
China's Bright Food Group Ltd unit Manassen Foods could be the frontrunner in an acquisition contest for United Dairy Power, the biggest privately-owned milk supplier in Australia, according to a news
Bega in talks with non-Australian investors to sell stake in Warrnambool -source
Bega Cheese Ltd., the largest shareholder in Warrnambool Cheese and Butter Co. Holdings, is reportedly negotiating with other firms including non-Australian investors on a possible sale of its 18.7% s
China's CIC to back bid for Australia's Warrnambool - report
China Investment Corporation, an investment fund owned by the Chinese government, is backing a Chinese food company that is considering bidding for Australia's Warrnambool Cheese and Butter Holdings C
Woodside stake to be divested in pieces - bankers
Bankers expressed their doubts that Royal Dutch Shell's 23.1% stake in Woodside Petroleum could be snatched up by bigger oil companies as the latter are also eyeing to sell assets as well.
