HBF has made its long-awaited expansion into physiotherapy with a deal to buy a growing chain of clinics set up a young Curtin University graduate 11 years ago with a $5000 loan from his parents.
Mr Packer owns 37 per cent of Crown, which has finally conditionally endorsed a new takeover offer by investment giant Blackstone.
Blackstone sweetened its offer to buy troubled Australian casino operator Crown Resorts to $8.9 billion.
Angus Whitley and Peter Vercoe
Australian buy now, pay later company Afterpay’s acquisition by global tech behemoth Block has been approved by the Bank of Spain.
The local management consultancy has built up expertise in decarbonisation as Australian companies chase advice on the energy transition.
Minnovare, which was set up just nine years ago, specialises in improving underground drilling.
Well-known pharmacy brands Priceline and Soul Pattinson are set to join Bunnings, Officeworks and Kmart in the Wesfarmers stable as the WA conglomerate prepares to launch a health division.
Perth labour hire company Hiremii will start 2022 with a new chief executive, with its chief commercial officer elevated to the top job.
Seven West Media has completed its $132 million takeover of regional broadcaster Prime, with the expanded company expected to reach more than 90 per cent of the Australian market each month.
Prospect Resources has sold its flagship Arcadia lithium project in Zimbabwe to Chinese interests for $US378 million ($524m) in cash upfront, highlighting the white hot market for the battery metal.
WA billionaire Andrew Forrest has pledged to build Canada’s next great mineral district after outgunning the world’s biggest miner in the fight for a coveted nickel project in Ontario.
Australia’s food and beverage sector has experienced a strong recovery from COVID-19, with a significant rebound in transaction volumes and values since the first half of 2020.
Danielle Le Messurier
Dye & Durham, a Canadian provider of software for legal professionals, has agreed to buy Australian data services firm Link Administration Holdings for about $3.5 billion.
WA billionaire Andrew Forrest has seen off a challenge from the world’s biggest miner to claim victory in a protracted fight for a promising nickel project in Canada.
Rio Tinto has agreed to buy a lithium mine in Argentina for $US825 million ($1.15 billion) as the world’s second-biggest miner accelerates its push into battery materials.
Thomas Biesheuvel and Yvonne Yue
Woolworths is aiming to allay fears that its proposed $862 million takeover of Australian Pharmaceutical Industries would ride roughshod over the Priceline owner’s community pharmacy model.
St Barbara will take over Bardoc Gold in an agreed $157 million scrip deal as merger and acquisition in the WA gold sector continues to gather pace.
Wesfarmers boss Rob Scott has written to the head of the Pharmacy Guild in a bid to assert the company’s offer for Australian Pharmaceutical Industries as a safer bet than Woolworths.
Perenti has netted $75.7 million from the sale of its minerals analysis business and premises in Canning Vale to ALS for $75.7 million.
Andrew Forrest’s Wyloo Metals remains an x-factor in IGO’s recommended $1.1 billion all-cash takeover of Western Areas.
Wesfarmers says it continues to make plans for the health and wellbeing business while warning rival suitor Woolworths it intends to use a near 20 per cent stake to block its superior takeover offer.
Sean Smith and Daniel Newell
The head of Andrew Forrest’s private metals play has revealed the company is positioning itself for a consolidation of the WA nickel sector that could rival BHP’s dominant Nickel West business.
Australian biotech giant CSL has confirmed it is in buyout talks with Swiss pharmaceutical group Vifor, in a deal that could be worth $10 billion.
© West Australian Newspapers Limited 2022