One of the largest takeovers in Australian radio history is dead in the water after the private equity firm involved in the deal suddenly withdrew its proposal over the weekend.
The ACCC has raised concerns with the prospective merger of two of Australia's largest laundry businesses, arguing it may substantially reduce competition across the sector.
Australia's largest car dealership chain says the tough conditions in the vehicle market show no sign of rebounding, with nationwide sales down 7.8 per cent in 2019 and 12.5 per cent in January, compared to a year ago.
The boss of beleaguered law firm Slater & Gordon has quit and the board will be cleaned out under a shake-up that passes almost full ownership of the company to its lenders.
Dick Smith, one of Australia's best known electronics retailers, has been put up for sale, with lenders taking charge of the troubled company after it failed to secure a funding injection.
Accounting firm Crowe Horwath has entered into exclusive takeover talks with a partnership between wealth management group Financial Index Wealth Accountants and private equity firm KKR Asset Management, snubbing rival bidder Anchorage Capital Partners.
Agribusiness Ruralco Holdings has agreed to buy Perth-founded water management retailer Total Eden Holdings for $57.4 million from Anchorage Capital Partners.
