By: Sean Cartwright We had yet another volatile week in markets around the globe and should be prepared for another shaky start to the week after the way the US equity markets closed on Friday. This week was a bit more interesting as we saw Trump jump on Twitter post Fed speech, after Fed chair…
By: Sean Cartwright As anticipated, this week proved to be a very volatile one in the markets. Equities Equity markets are now looking much worse than they did this time last week. An important aspect when assessing a market or security is the price value. However, it is not the most important. The most important…
By: Tony Xie Channel 7 In recent times, Australian television channels have looked for ways to ensure their sustainability, following the onset of other forms of entertainment such as Netflix and YouTube. Speaking at the Macquarie Connections Australian Conference on May 3rd, Ryan Stokes, Chief Executive of Seven Group Holdings, discussed various potential strategies that…
By: Mazen Elsabrouty Saputo Drinks Up Murray Goulburn Without Koroit Canadian dairy giant Saputo has finally had its $1.3 billion takeover offer of Murray Goulburn accepted by the ACCC (Australian Competition and Consumer Commission). Despite the ACCC raising concerns about competition in the south-west Victorian milk market, after two intense periods of consultation, the ACCC…
By: Charlene Chen Vocus Group On 24 April, 2018, Vocus Group, a Sydney-based telecommunications company, made a formal announcement that it has ended the discussion for selling its New Zealand assets. ‘‘This is a top quality asset and we said at the start of the process that we were looking for a top price”, Vocus…
By: Tony Xie Commonwealth Bank In what could be the largest initial public offering (IPO) since the flotation of Medibank Private back in 2014, the Commonwealth Bank of Australia (CBA) announced on Tuesday 17th April its intentions of divesting its global wealth management division, Colonial First State Global Asset Management (CFSGAM). Following a strategic review of…
By: Mazen Elsabrouty Santa Comes Early for Santos Santos, the second largest Australian owned oil and gas firm, has recently received a “knock-out” takeover offer of $13.5 billion by US Private Equity firm, Harbour Energy. It is a case of third time lucky for Harbour Energy, having seen its previous two bids rejected by the…