Monadelphous has sold its stake in fellow engineering, construction and contracting company Norfolk Group for $24.4 million, reaping a tidy profit in the process.
Industrial services company Spotless has given in to shareholder demands and will allow its private equity suitor to cast its eye over the Spotless business.
Warren Buffet-backed Canadian company Sterling Crane has acquired Western Australian business Freo Group and its Queensland subsidiary Global Crane in a deal likely to be worth about $160 million.
Macquarie Group has appointed Perth deal-maker and company director Mark Barnaba as chairman of its Western Australian operations, bolstering its status as one of the top investment banks in WA.
Five small and mid-cap miners including Papillon Resources, Coalspur and Condoto Platinum have raised a total of $39 million in new capital to support operations that stretch from West Africa to Ca
Corporate finance deals launched or completed in Western Australia during 2011 were worth a whopping $59.8 billion, a survey by WA Business News has found.
Premier Colin Barnett has touted the wealth of Western Australia's industry barons, after one of the state's mining billionaires, Gina Rinehart, spent almost $200 million increasing her stake in pu
Rio Tinto says it will take a controlling stake in South African mineral sands miner Richards Bay Minerals (RBM) through the acquisition of BHP Billiton's 37 per cent interest for an undisclosed su
Norwegian group Yara International has secured control of Burrup Fertilisers after striking a deal with Apache Energy that will see them become joint owners of the business, while also disclosing t
MAYBE it’s human nature when times are uncertain, but when corporate finance players in Perth were asked to comment on market trends over the past year, most had a glass half-empty perspective.
Local players in the corporate finance market faced more competition than ever before from big national and international firms, WA Business News’ 2011 survey has found.
Engineering and construction firm Forge Group has diversified into the energy sector through the acquisition of Balcatta-based CTEC Pty Ltd for up to $38.6 million.
South African mining company Exxaro is set to buy African Iron, an Australian-listed company with iron ore operations in the Republic of Congo, for about $388 million.
Stockbroking firm Hartleys has joined most of its industry peers in recording a bumper profit increase for the year to June 2011, a result that is unlikely to be matched in the current financial ye
Scottish company Global Energy Group (GEG) has moved into the Australian market by acquiring a majority shareholding in West Perth-based Global Resources Network – GRN Australasia Pty Ltd in a deal
Indian infrastructure giant GVK Group will pay Gina Rinehart’s Hancock Prospecting $1.26 billion for most of the company’s coal and infrastructure projects in Queensland’s Galilee Basin.
Investors in one of Perth's top stockmarket floats of 2010 are set to reap a spectacular return after Thai coal miner Banpu Public Company today announced a friendly $477 million takeover offer for
UK-based bank Standard Chartered has acquired 100 per cent of Adelaide-based Gryphon Partners Advisory, which has advised a host of Western Australia based resources firms fielding takeover offers
Property investor BWP Trust has announced an increase of distributable profit of 12.2 per cent for the year to June 30, driven by fast growth in rental incomes stemming from its acquisition of 11 B
IN what is viewed as a tough market for floats, a number of smaller initial public offerings have forged ahead with their plans to list on the Australian Securities Exchange.
There has been a flurry of new Western Australian stockmarket entrants to close last financial year and to begin the new, with seven resources-focused firms from WA listing on the Australian Securities Exchange in June and July.
