Tag archive for ‘Australia’
By businessnewstoday On Wednesday, May 13th, 2020

Commonwealth Bank of Australia to sell 55% stake in Colonial First State to KKR

(adsbygoogle = window.adsbygoogle || []).push({}); Commonwealth Bank of Australia (CBA) has signed a deal to sell a 55% stake in Australian wealth management group Colonial First State (CFS) to global More...

By businessnewstoday On Thursday, May 7th, 2020

US indoor cycling brand CycleBar set to foray into Australia

US indoor cycling brand CycleBar has signed a master franchise agreement in Australia, which gives the master franchisee the right to license over 45 CycleBar studios over the next several years to potential franchisees More...

By Soujanya Ravi On Wednesday, April 1st, 2020

Australian neobank Xinja Bank gets $274m investment from World Investments

Dubai-based World Investments will be investing AUD433 million ($274.94 million) in Australian neobank Xinja Bank. The financing will be done over a period of 24 months, with an initial investment of AUD160 million More...

By businessnewstoday On Saturday, February 15th, 2020

Arch Re set to take majority stake in Precision Marketing Asia Pacific

Arch Reinsurance (Arch Re) has agreed in principle to acquire a majority stake in Australian marketing solutions company Precision Marketing Asia Pacific (PMAP) for an undisclosed price. Precision Marketing Asia More...

By businessnewstoday On Sunday, February 9th, 2020

Epos Now acquires Australian POS provider Epos Systems

Epos Now, a cloud-based point of sale solutions provider (POS solutions provider), has agreed to acquire Australian POS provider Epos Systems in a move to expand into the Asia-Pacific region. Financial terms of More...

By Soujanya Ravi On Saturday, February 8th, 2020

Gangarri solar farm : Shell embarks on first industrial-scale solar project in Australia

Shell Australia has started construction on its first industrial-scale solar project in Australia – the 120MW Gangarri solar farm near Wandoan in central Queensland. The solar farm will be powered by approximately More...

By businessnewstoday On Thursday, February 6th, 2020

Iron Bridge Magnetite Project : NRW Holdings bags bulk earthworks contract

NRW Holdings has bagged a contract worth AUD70 million ($47 million) for bulk earthworks for the Iron Bridge Magnetite Project in Western Australia from the joint venture between Fortescue Metals Group subsidiary More...

By businessnewstoday On Monday, December 16th, 2019

VetPartners to acquire National Veterinary Care for $168.5m

VetPartners Australia and New Zealand, a veterinary clinic chain operator, has signed a deal worth AUD 248.4 million ($168.56 million) to acquire National Veterinary Care (NVC), an Australian veterinary services More...

By businessnewstoday On Tuesday, November 26th, 2019

Kirkland Lake Gold to acquire Detour Lake gold mine owner Detour Gold

Kirkland acquisition of Detour Gold : Kirkland Lake Gold has signed a CAD 4.01 billion ($3.01 billion) deal to acquire rival Canadian gold mining company Detour Gold, as per the latest mining acquisition news. Based More...

By Soujanya Ravi On Sunday, November 10th, 2019

Yangibana Rare Earths Project : DRA Pacific bags contract for processing plant

DRA┬áPacific has bagged a contract for the rare earths processing plant and the associated infrastructure of the Yangibana Rare Earths Project in Western Australia. The contract to the DRA Global subsidiary, worth More...