Australasia
CVC's Nine Entertainment nears IPO
CVC has named Goldman Sachs, Credit Suisse and UBS as its advisers for the intended public debut of Australian TV network Nine Entertainment, according to Australian reports, in a process that could come by the spring.
CHAMP Private Equity acquires Constellation Brands' UK and Australian business
Leading world premium wine purveyor Constellation Brands Inc. announced just before Christmas that it had reached agreement with Sydney-based CHAMP Private Equity to sell its UK and Australian interests (Constellation Wines Australia & Europe – CWAE)...
Blackstone among suitors for Australia's Centro Properties
Debt-burdened Australian shopping mall owner Centro Properties Group is entertaining an acquisition bid from the Blackstone Group for its more than 700 Australian, New Zealand and US properties, with other PE majors also said to be eyeing the assets....
Australia's Future Fund invests in Gatwick Airport
The Future Fund, Australia’s Sovereign Wealth Fund, has reached an agreement to buy a 17.2 % stake London’s Gatwick Airport from the Global Infrastructure Partners (GIP) for approximately $200 million.
Clearwater to support the sale of Griffin Coal
Clearwater Capital Partners, as the largest creditor to Griffin Coal and a member of the Creditors Committees and Noteholder’s Working Group, has announced that it will support the sale of Griffin Coal Mining Company and Carpenter Mine Management to Lanco...
SGX, ASX overcome first regulatory hurdle
The Australian Consumer and Competition Commission has given its blessing for a merge between the Singapore Stock Exchange (SGX) and the Australian Securities Exchange (ASX), bringing the regional bourses a step closer to closing the A$8.4 billion ($8.3...
Clearwater Capital sells Oz's Griffin Coal to Lanco
Clearwater Capital Partners has sold Griffin Coal Mining Company and Carpenter Mine Management to Lanco Resources Australia, a division of Indian energy firm Lanco Infratech, for an estimated A$750 million ($743 million), according to local reports.
Australia's Quadrant closes $746 million buyout fund
Sydney-based Quadrant Private Equity is set to close an A$750 million ($746.3 million) buyout fund, Quadrant 6, with mid-market firms in the service sector among its expected targets.
Ironbridges exits oil rig company
Ironbridge has sold investee company Easternwell to engineering and maintenance services provider Transfield for A$575 million ($567 million). Sydney-based Transfield will pay A$540 million ($532 million) in cash and A$35 million ($34.5 million) in shares...
KKR considers raising bid for Australia's Perpetual - reports
Less than two months after Australian investment group Perpetual Ltd. branded the $1.73 billion takeover offer by Kohlberg Kravis Roberts & Co. (KKR) as too low, KKR is now reportedly considering raising its offer based on new data from Perpetual – yet...
Catalyst takes control in Australia's Home & Decor Holdings
Australian private equity firm Catalyst Investment Managers has taken a 70% majority stake in Home & Decor Holdings Pty Ltd, a new entity created to combine the assets of two local specialty retail businesses, Adairs Retail Group and Dusk Australasia,...
PEP begins bid for Tassal
Leading Australian buyout firm Pacific Equity Partners has announced its intention to acquire local ASX-listed salmon fishery and foods operation Tassal Group, requesting due diligence on the target.
HSBC makes new debt appointments for Asia Pacific
HSBC has announced two new senior appointments in its Asia Pacific Debt Capital Markets (DCM) team, with the appointment of Mark Mallia as Head of Debt Syndicate, Asia-Pacific, while Sean Henderson, previous incumbent in the role, will move to Australia...
Douglas to move from Principle to ICG
Australian placement agent Principle Advisory Services has announced the resignation of Lachlan Douglas, previously Managing Director at the firm, who will be joining Infrastructure Capital Group (ICG) as a director.
Macquarie hires Hassen from Irving Place for oil and gas
Macquarie Group has announced the hire of Thomas Hassen, previously Vice Chairman of New York-headquartered mid-market private equity firm Irving Place Capital, as its Chairman of Global Oil and Gas Banking.
Australian Taxation Office upholds TPG Myer ruling: reports
The Australian Taxation Office has reinforced its original judgment that followed its pursuit of TPG Capital in November 2009 for payment of income tax on its exit from local department store investment Myer, according to reports.
Anacacia exits Lomb to Thermo Fisher
Anacacia Capital has announced the divestment of its stake in Lomb Scientific (Aust), a science and healthcare chemicals, instrumentation and materials supplier to Australasia, to Thermo Fisher Scientific, an NYSE-listed science services group, for an...
Macquarie, Forum commit to Crescent Australia investee Bluestone
Macquarie Bank is to acquire around 17.5% of Australian capital and asset management business Bluestone Group, already invested by Crescent Capital Partners, while real estate investment firm Forum Partners is refinancing some A$20 million ($19.2 million)...
VicSuper reduces private equity allocations
Australian superannuation fund VicSuper has announced a reduction in its allocation to private equity as the result of changes in its strategic asset allocation.
Healthcare Locums confirms purchase of CHAMP PE investee Healthcare Australia
UK-based Healthcare Locums has confirmed its acquisition of Healthcare Australia Holdings Pty, which is majority-owned by CHAMP Private Equity, via the payment of A$122.5 million ($118.6 million) in cash.
Quorumm Digital Venture Partners appoints Hasnain Zaheer senior partner for Australia
Third-generation VC Quorumm Digital Venture Partners – which has an investment war chest of some $500 million – has appointed experienced digital strategist and online marketing practitioner, analyst and trainer Hasnain Zaheer as senior partner of its...
Goodman Fielder CFO Goldsmith to join TPG as advisor
Australian baking and dairy group Goodman Fielder has announced that its Chief Financial Officer, David Goldsmith, is leaving the company to join TPG Capital as a senior adviser.
Oz Supers lead merger trend
In what is likely to be the first of a series of mergers between Australian superannuation funds, First State Super and Health Super have announced plans to merge, creating a combined entity with some A$28 billion ($27.5 billion) under management and...
Carlyle, Accel invest OzForex
The Carlyle Group and Accel Partners have made a joint investment into OzForex Group, an Australian-originated online foreign exchange payments platform, for an undisclosed amount, seeking to support the company's expansion into Asian and Western markets....