Mergers & acquisitions
Luxury fashion’s new giant: Coach, Versace part of $13b mega-deal
Coach, Versace, Jimmy Choo and Michael Kors are part of the latest deal in the world of luxury fashion.
- by Jeannette Neumann
Latest
Funeral operator InvoCare agrees to $1.8b private equity takeover
The business behind Le Pine, White Lady Funerals and Simplicity Funerals says its board is backing the deal.
- by Harry Brumpton
Paramount sells book publisher Simon & Schuster to private equity firm KKR
The $2.5 billion deal will put control of the prestigious US publisher behind authors such as Stephen King and Bob Woodward in the hands of the buyout firm.
- by Elizabeth A. Harris, Lauren Hirsch and Benjamin Mullin
Zimmermann sisters sell fashion label in reported billion-dollar deal
Following an unsolicited offer of $1.75 billion, the Sydney-based brand prepares to conquer Asia and the Middle East.
- by Damien Woolnough
Reworked ANZ-Suncorp deal could help it get across the line
ANZ may have to tweak its deal to improve the chances of getting the $4.9 million planned purchase of Suncorp’s banking assets through on appeal, investors have said.
- by Millie Muroi
Updated
Estia Health
US giant snaps up Australian aged care operator Estia in $838m deal
US private equity firm Bain, which owns Virgin Australia, has reached a deal to acquire one of the largest aged care providers in the country.
- by Emma Koehn
Updated
ACCC
ANZ to challenge ACCC knockback of $4.9b Suncorp deal
ANZ will appeal the ACCC’s rejection of what would have been the biggest transaction in Australian banking since Westpac’s 2008 takeover of St George.
- by Millie Muroi
Australian skincare brand Bondi Sands sold to $26b Japanese giant
In a deal estimated to be worth more than $400 million, self-tanning brand Bondi Sands is the latest Australian business to be sold to an international conglomerate.
- by Jessica Yun
Opinion
Opinion
ANZ’s blockbuster bid for rival bank to go down to the wire
As D-Day looms for the Australian banking sector’s biggest proposed deal since 2008, ANZ and Suncorp are trying to persuade regulators that the local industry isn’t a cozy oligopoly.
- by Clancy Yeates
Game on: Microsoft’s $100b Activision deal gets US judge go-ahead
The deal would be the biggest ever for Microsoft and for the video game industry.
- by Diane Bartz
‘Bargain hunt’: Will Australia’s biggest food producers keep getting gobbled up?
Barely two days into the new financial year, two of Australia’s biggest ASX-listed food companies are on the takeover map, and there’s more action ahead.
- by Jessica Yun