Deals

Former agricultural investment company AACL Holdings has decided its future lies with a technology business established by Perth entrepereneur Gavin Burnett.

BHP Billiton has sold a copper mine in the US for $US650 million ($A634 million) as the resources giant continues to off-load assets.

Troubled surfwear retailer Billabong has extended its exclusive takeover talks with the Sycamore consortium.

New Zealand's Restaurant Brands, which operates KFC, Starbucks, Pizza Hut and Carl's Jr fast-food brands, has dismissed speculation it might be in the running to buy 40 KFC stores in Western Austra

Shares in Sundance Resources plunged after resuming trade today, after it officially canned its $1.3 billion takeover deal with China's Hanlong Mining overnight.

Sundance Resources says it is concluding talks with suitor Hanlong Mining.

Shares in troubled retailer Billabong have been suspended indefinitely so it can continue takeover talks with two potential suitors.

Sundance Resources is likely to end its takeover talks with Hanlong Mining and look for another Chinese suitor.

Shares in Linc Energy fell more than 12 per cent after the company announced it has raised $200 million through a convertible bond issue.

Aleator Energy has secured a $US20 million loan to fund exploration at its Povorotnoye gas and condensate development in the Ukraine.

Torque Mining has pulled its initial public offering off the table after it failed to meet the minimum subscription threshold of $3 million.

 Qantas and Emirates have been given the green light to form a global alliance, albeit with special conditions for flights across the Tasman.

Virgin Australia has received approval from the High Court of Singapore for its purchase of Skywest Airlines.

Crusader Resources has secured a $20 million debt finance facility with Macquarie Bank which will fund the development of its Brazilian projects - the Borborema gold project and Posse iron ore deve

Shares in takeover target Norfolk Group were up strongly today after bad news on a contract termination was outweighed by the disclosure that its takeover price could be nearly twice the 38 cents p

Hanlong's troublesome 20 month-long takeover of Sundance Resources looks to be almost dead, after the Chinese suitor disclosed it would not meet a key funding deadline for the $1.3 billion dea

Gold junior Hannans Reward has raised $2.8 million to fund exploration at its Pahtohavare copper-gold project in northern Sweden.

Cedar Woods director Robert Brown has sold off just over $4.7 million shares in the company.

RCR Tomlinson has made a $62 million offer to purchase engineering contractor Norfolk Group.

Investor Craig Burton and Navitas executive Scott Jones have backed a restructurting at Verus Investments, which has announced a capital raising and a new managing director to support its oil &

Commonwealth Bank is free to seize control of independent mortgage provider Aussie Home Loans after the competition watchdog gave its blessing to the deal.

Sundance Resources has raised the possibility of terminating its long-running $1.3 billion takeover agreement with China’s Hanlong Mining, while also confirming it is in discussions with other part

AN investment group backed by private equity player KKR, and forestry veterans Tony Jack and Bob Bunning, is set to become the second largest owner of Indian sandalwood plantations in the Ord River

Perth-based oil and gas minnow Kairiki Energy has announced a $12.1 million capital raising to pay back company debts and provide additional working capital.

One of Perth’s largest commercial printing businesses has been sold to its local management team following the collapse of national operator GEON Australia.

The Tony Sage-chaired Cauldron Energy has made an off-market, all-scrip takeover bid for uranium explorer Energy Minerals, valuing the target at just under $6 million.

Buru Energy has sold off interests in two petroleum exploration permits in the Canning Basin to Rey Resources and Japan’s Mitsubishi Corporation for cash considerations of around $21 million.

ASG Group’s mystery suitor has slashed the price of its non-binding takeover offer for the Perth-based telecommunications and computing firm.

Melbourne’s M2 Telecommunications Group has announced $248 million worth of acquisitions, including a $44.1 million bid for Perth-based internet service provider Eftel.

Southern Cross boss Rhys Holleran insists the TV and radio broadcaster has not yet made up its mind on a possible takeover bid from Nine.

Tap Oil has secured more than $68 million in debt finance to fund the development of its Manora oil project in Thailand.

Silver producer Alcyone Resources' shares have tanked after it announced a management shake-up following the resignation of the company’s managing director Andrew King and two other board members.