Germany's top utility E.ON SE (EONGn.DE) has entered exclusive talks to sell its Spanish activities to Australian infrastructure investor Macquarie Group Ltd (MQG.AX), four sources familiar with the matter told Reuters on Wednesday.
Australia and India will push for a free trade pact, Australian Prime Minister Tony Abbott and Indian Prime Minister Narendra Modi said on Tuesday during a rare state visit to Canberra by an Indian leader.
Australian engineering firm UGL Ltd (UGL.AX) ended one fraught chapter and started another on Thursday as it finalised the years-long $1.1 billion sale of its DTZ property arm and revealed delays and cost blowouts at a power station project.
Australia's Transfield Services Ltd (TSE.AX), which runs the country's offshore refugee detention centers, said it won't negotiate with Spain's Ferrovial SA (FER.MC) over a $873.60 million takeover approach until it agrees not to buy its shares for three months.
General Electric Co is planning to divest stakes in its joint venture auto-financing and credit card businesses in South Korea, people familiar with the matter told Reuters, as the U.S. conglomerate continues to trim its exposure to the financial services sector.
Coca-Cola Co (KO.N) will help out Australian affiliate Coca-Cola Amatil Ltd (CCL.AX) by taking a minority stake in a struggling Indonesian unit for $500 million.
India's Adani has appointed Morgan Stanley to advise on the possible sale of a stake in its Abbot Point coal port in Australia, as it looks to raise funds to help finance a A$7 billion ($6.2 billion) mine, rail and port project.
Australia's CSL Ltd (CSL.AX), the world's largest blood products company, said on Monday it had agreed to buy Novartis AG's (NOVN.VX) global influenza vaccine business for $275 million.
Cabcharge Australia Ltd (CAB.AX), the country's only listed taxi payment company, said it had rebuffed an approach from FleetCor Technologies Inc (FLT.N) to buy its core payments business.
Australian state-owned health insurer Medibank Private said it is planning an IPO that is seeking to raise between A$4.3 billion to A$5.5 billion ($3.7 billion to $4.8 billion).
Loss-making budget airline Virgin Australia Holdings Ltd (VAH.AX) will buy full control of its ailing 60 percent-owned Tiger Australia Airways business for just A$1, signaling plans to cut a bloated fleet that has hobbled turnaround efforts.
China, the world's top coal importer, will levy import tariffs on the commodity after nearly a decade, in its latest bid to prop up ailing domestic miners who have been buffeted by rising costs and tumbling prices.
Australia's antitrust regulator on Thursday cleared online travel giant Expedia Inc to buy local rival Wotif.com Holdings Ltd, saying it did not expect the A$699 million ($610 million) deal to substantially lessen competition.
Australian inbound M&A deals declined the most in a quarter of a century as plummeting commodity prices and a faltering local stock market challenged the appetite of overseas investors for the country's assets.
Indophil Resources NL said on Tuesday Philippine-based conglomerate Alsons Group has offered to fully acquire the Australian company for $0.30 a share in an all-cash deal.
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