News Articles for Oaktree Capital Management

Corporate advisers expect a more difficult market after a very buoyant period, but also see a silver lining.

Crown Resorts leaders are not pinning their hopes on a Blackstone takeover and have spruiked the potential of the Sydney casino to encourage higher offers.

Crown Resorts has received a takeover bid from the operator of Sydney's Star Casino while announcing the appointment of chief executive and managing director, Steve McCann.

Crown Resorts has received a $3 billion funding proposal from a private equity group that would allow it to buy out major shareholder James Packer.

Drilling contractor DDH1 has had a weak start to its first day of trading, with its share price dropping 21 per cent from its issue price.

Local drilling business DDH1 is scheduled to list on the stock exchange next week after raising $150 million through its initial public offering.

Virgin Australia's administrators at Deloitte will have a better sense of which parties are interested in buying the beleaguered airline, when non-binding indicative offers are made tomorrow.

Virgin Australia's administrator has disclosed that at least 20 parties have expressed interest in buying the debt-laden airline, with reports today mining magnate Andrew Forrest is among the potential bidders.

DDH1 Driling has acquired Ranger Drilling, which will see the Sy van Dyk-led company grow to 700 employees and 84 drill rigs.

Cheryl Edwardes and Rick Crabb know better than most what it takes to steer a troubled business through a ‘near-death' experience.