This Month
Abu Dhabi sovereign wealth fund Adia to sell $2b-plus Transgrid stake
Two major ownership shake-ups have happened in double-quick time this year, a clear indication of strong market demand for the energy transition thematic.
Allied Gold $181m deal shopped to local investors
The deal comes after gold futures rose to a record high of more than $3350 an ounce on Wednesday.
China’s Zijin Mining adds funds to Strickland’s coffers, takes stake
Zijin will invest $5 million to acquire 2.4 per cent of the West Australian gold and base metal explorer via a strategic placement launched on Thursday.
WAM Income Maximiser raise misses the mark in challenging market
Street Talk understands Wilson Asset Management brought in roughly $150 million for its new ASX-listed vehicle, a far cry from the $510 million target sought in the prospectus.
Mike Cannon-Brookes needs $157m for SunCable; flyer hits inboxes
Australia-Asia Power Link is SunCable’s flagship project to harness and dispatch solar energy from solar farms in the Northern Territory to Darwin and via a submarine cable to Singapore.
BlackRock makes inroads into self storage, buys $400m-plus local biz
Street Talk understands BlackRock is poised to acquire StoreLocal, a privately owned player that’s built a $300 million-plus portfolio across Australia.
Galan Lithium, Tesoro Gold launch capital raisings
Galan Lithium has its broker Petra Capital rounding up investors for a $10 million placement and share purchase plan.
West African gold producer Robex launches IPO, $120m raise
Shares were offered at $3.11 per CHESS depository interest – representing a 14.8 per cent discount to the last close price on the Toronto stock exchange.
Anchorage Capital Partners meets with lenders at laundries business
Deutsche Bank helped Anchorage Capital bankroll its purchase of South Pacific Laundries in 2018.
Five V appoints Goldman Sachs to run $500m-plus Automic sale
The share registry services company is expected to fetch $500 million-plus at auction.
PEP hires sell-side advisers for tertiary education business
Pacific Equity Partners eschewed selling UP Education to a rival buyout firm, and instead raised a single-asset special purpose vehicle (aka continuation fund) in 2022 to buy it from Fund V’s investors.
Barrenjoey prints $300m line in Sigma Healthcare
About 100 million shares in Sigma Healthcare changed hands ahead of the market open on Monday.
Portelli hits fast lane on mooted LMCT+ sale, MacCap takes the wheel
Several conversations around how a change of control could play out and the steps needed to make LMCT+ sale-ready had taken place since the end of last year.
Botanix Pharmaceuticals taps investors for $40m; Euroz, E&P in tow
The ASX-listed company had Euroz Hartleys and E&P Capital offering shares at 33¢ each.
Five V issues RFP for share registry provider Automic
Australia’s investment banking top tier – Barrenjoey, UBS, Macquarie, Goldman Sachs and Jarden – have all pitched for a role.
Pilot Energy to raise capital amid offshore approach
Street Talk understands the ASX-listed company, which has been suspended from the bourse since December, will on Monday launch a $5 million capital raising.
US trade player, Tanarra lob bids for Konvoy Kegs
Kegstar is said to be among a handful of parties being ushered through to the second round of the auction.
Greatland Gold taps broking trio for Aussie cross-listing
The Western Australia miner has appointed Bank of America, Barrenjoey Capital Partners and Canaccord Genuity to its broking lineup
We have a winner: Brookfield grants exclusivity for $3b Aveo
Dutch investor APG, which is the Netherlands largest pension provider, and Bouwinvest, a property fund manager, are among Scape Australia’s backers.
Ex-KPMG consultant lands global VC funding for AI start-up
California-based venture capital firm Aliavia Ventures and No Brand Holdings led InsightWise’s $1 million oversubscribed pre-seed round.
