William Hill Buys out Playtech for online betting business. For the price of GBP424 million or US$643 million, William Hill is taking full control of its online business.
Tags: Australia
Virtus Health Sets Up for its IPO
Virtus Health backed up by buyout firm Quadrant is readying for its IPO in the Australian market. Virtus Health, backed by private equity firm Quadrant, launches its Australian initial public offer of shares.
Charter Hall to Invest Aus$1.3 billion
Charter Hall plans to invest money for acquisitions and list publicly REITs. The owner of Sydney's more than century old General Post Office building, Charter Hall Group, is planning to purchase Aus$1.
China's Longyuan Power Group Withdraws from Wind Power Project Down Under
China's Longyuan Power Group would not be competing with Thai Egco PCL for the Boco Rock Wind Farm project in New South Wales, Australia.
Meriton Apple of the Eye for many Asian Builders
According to Meriton CEO, there have been offers to purchase part or all of the firm. Meriton Pty, the biggest apartment developer in Australia, has said that Canadian pension funds and investors from both the United Kingdom and China have shown interest in purchasing the company.
