Tag archive for ‘Australia’
By businessnewstoday On Tuesday, August 4th, 2020

US-based EC Design acquires Australian stationery retailer kikki.K

(adsbygoogle = window.adsbygoogle || []).push({}); EC Design, a US-based lifestyle products company, has acquired Australia-based design and stationery brand kikki.K for an undisclosed price. The More...

By businessnewstoday On Monday, July 27th, 2020

US investment management firm Barrow Hanley to be acquired by Perpetual

BrightSphere Investment Group has agreed to sell its stake of 75.1% in US-based diversified investment management firm Barrow Hanley, Mewhinney & Strauss (Barrow Hanley) to Australian financial services company More...

By businessnewstoday On Friday, July 3rd, 2020

Barry Callebaut wraps up acquisition of GKC Foods (Australia)

Barry Callebaut acquisition of GKC Foods : Switzerland-based Barry Callebaut Group has wrapped up its previously announced acquisition of GKC Foods (Australia), a producer of chocolate, coatings and fillings, that More...

By businessnewstoday On Tuesday, June 23rd, 2020

OZ Minerals to acquire West Musgrave Project partner Cassini Resources

OZ Minerals will acquire Australia-based precious metals developer and explorer Cassini Resources for AUD76 million ($52.41 million) in a move to take full ownership of the West Musgrave Project, a copper and nickel More...

By businessnewstoday On Friday, June 19th, 2020

Shandong Gold Mining offers to acquire Cardinal Resources for $221m

Shandong Gold Mining, a Chinese state-owned gold mining company, has offered to acquire Cardinal Resources, a West African gold‐focused exploration and development company, for about AUD321 million ($221 million) More...

By businessnewstoday On Wednesday, June 10th, 2020

Arthur J. Gallagher acquires Queensland-based CA Insurance Brokers

Global insurance brokerage Arthur J. Gallagher & Co. has acquired CA Insurance Brokers based in Brisbane, Queensland, for an undisclosed price. CA Insurance Brokers, which was established in 2002 by Andrew More...

By businessnewstoday On Friday, June 5th, 2020

Macmahon wins contract extension at Byerwen coking coal mine in Queensland

Australia mining services provider Macmahon has secured an expansion and three-year extension of its work at the Byerwen coking coal mine in the Bowen Basin in Queensland. Macmahon has been responsible for delivering More...

By businessnewstoday On Wednesday, May 13th, 2020

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

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 investment firm KKR for about AUD 1.7 billion ($1.1 billion). Established 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...