Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 61 - 70 of 443 results for "Buys"

BlackRock Real Assets buys battery grid business

CHLOE WALKER  |  TUESDAY, 16 AUG 2022
The buyout and $1 billon spending commitment towards Akaysha Energy demonstrates the investment giant's continued support of green energy projects in Australia. This marks the first battery storage investment made by BlackRock's Climate Infrastructure ...

Besen-backed firm buys babywear group

CHLOE WALKER  |  THURSDAY, 11 AUG 2022
Arcus Partners, backed by Daniel Besen's family office, has acquired Snuggle Hunny Kids. The acquisition, made for an undisclosed amount, is a first for the Melbourne-based firm, which focuses on a collaborative approach to realise the potential ...

Macquarie Asset Management buys Veolia waste business

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
French utility company Veolia has agreed to sell its Suez's UK waste business to Macquarie Asset Management (MAM) for $3.5 billion. MAM will acquire 100% of the share capital of Suez Recycling and Recovery UK Group. Veolia has been selling off parts ...

Hong Kong investor buys Hilton Hotel

CHLOE WALKER  |  MONDAY, 8 AUG 2022
In the largest single-asset hotel deal ever closed in Australia, Barings Private Equity Asia (BPEA) has officially acquired the Hilton Sydney Hotel for $530 million. The purchase of the five-star hotel was made via BPEA's affiliated real estate fund ...

Morrison & Co buys stake in Lyntia Networks

CASSANDRA BALDINI  |  WEDNESDAY, 27 JUL 2022
Morrison & Co has acquired a 33.3% stake in Spanish open access wholesale fibre operator, Lyntia Networks. Lyntia operates a metro and long-haul fibre network in Spain spanning more than 43,000 km, providing B2B connectivity services on a wholesale ...

Foresight buys Infrastructure Capital Group

JAMIE WILLIAMSON  |  WEDNESDAY, 13 JUL 2022
Infrastructure Capital Group (ICG) has been acquired by Foresight Group, creating a $20 billion infrastructure and renewables specialist investor. ICG has been investing in energy, renewables, transport, and other infrastructure projects for the last ...

SCA buys Centuria shopping centre portfolio

CHLOE WALKER  |  MONDAY, 20 JUN 2022
SCA Property Group acquired five shopping centres from Centuria Capital Group's subsidiary Prime West for $180 million. The portfolio, as part of two unlisted wholesale funds, comprises convenience-based shopping centres across the nation, including ...

SMSF establishments on the rise

ELIZABETH MCARTHUR  |  TUESDAY, 26 APR 2022
... said some SMSF investors appeared to ignore inflation fears, trading during the volatility of January 2022 - averaging 57% buys during the month. The research found a 9.3% increase in new SMSF accounts opened during July-September 2021 relative to the ...

Elon Musk buys Twitter for $61.4bn

ANDREW MCKEAN  |  TUESDAY, 26 APR 2022
Eccentric entrepreneur Elon Musk has entered into a definitive agreement to acquire social media networking platform Twitter. In a Tweet, Musk explained his motivation to acquire the tech giant saying: "Free speech is the bedrock of functioning democracy ...

Westbridge Funds buys $16.21m industrial facility

CHLOE WALKER  |  WEDNESDAY, 16 MAR 2022
An industrial property in Perth's south has been sold for more than $16 million following strong buyer demand in the sector. The office/warehouse facility at 41-43 Baile Road in Canning Vale was purchased by Westbridge Funds Management from Perron Group. ...