Austal chairman Richard Spencer says he does not believe Hanwha can add value to the Perth-based shipbuilder but nonetheless has agreed to meet with the South Korean company next week.
South Korean conglomerate Hanwha has once again fuelled takeover speculation around Austal after placing a high-priced order for 9.9 per cent of the shipbuilder's stock.
Pastoral giant Consolidated Pastoral Company has bought the 1-million-hectare Rawlinna Station on WA's south coast, five months after Andrew Forrest withdrew his interest.
Mitsui's new stake in Rio Tinto's Rhodes Ridge iron ore project has unlocked $10 billion in wealth for the heirs of Peter Wright, pushing Angela Bennett into fifth on our Rich List.
Italian company Enel Green Power and Japanese gas giant Inpex have bought a $1 billion portfolio of wind and solar farms across Australia, including WA's largest wind project.
SEEK's bid to acquire Sydney-based HR and recruitment technology firm Xref has fallen through, with both parties agreeing to terminate the scheme implementation deed.
Austrian company STRABAG has completed the acquisition of family-owned contractor Georgiou Group two months after revealing negotiations were underway.
Wesfarmers will sell gas supplier Coregas to a subsidiary of Japanese conglomerate Nippon Sanso Holdings Corporation for $770 million, subject to ACCC and FIRB approval.
The real estate investment trust will acquire 50 per cent shares in Belmont Forum and Cockburn Gateway shopping centres, in the largest WA property transaction in three years.
