News Articles for UBS

Automotive Holdings Group has announced plans to raise up to $110 million from investors and purchase two car yards on the east coast, on the same day it revealed an increase in full-year profit.

SPECIAL REPORT: Lithium stocks led by Pilbara Minerals and Galaxy Resources have seized the opportunities presented by the commodity's surge.

Woolworths is at risk of making further price cuts in what will ultimately lead to a full-blown supermarket price war, analysts warn.

Whitegoods retailer The Good Guys is pushing ahead with plans to float on the Australian Securities Exchange despite holding takeover talks.

Perth has had its deepest quarter of deflation since the 1991 ‘recession we had to have', with prices falling 0.6 per cent in the three months to March, driven by cooling house prices and cheaper fuel.

Shares in oil and gas company AWE have rallied on news it has sold its stake in the Sugarloaf project in the US for $US190 million ($A271 million).

SPECIAL REPORT: Livestock exporter Wellard has had a rocky start to life as a listed company after completing Western Australia's second-largest capital raising of 2015, and the state's sixth-largest initial public offerings of all time. Wellard's $299 million IPO was one of the few high points of 2015, when a lack of mining deals led a sharp slide in overall capital raising activity.

SPECIAL REPORT: Local firms Azure Capital and Hartleys punched above their weight in 2015 in what was a lucrative year for a handful of top corporate advisers in WA. Click through to see which corporate advisers, lawyers and brokers managed 470 M&A and capital raising deals.

Wellard chief executive Mauro Balzarini rung the bell at the ASX's Perth office this morning as the company's shares began trading for the first time.

A US court ruling concerning the controversial Simandou iron ore project in West Africa is a worry for Rio Tinto, but not WA.

Live cattle exporter Wellard is set to list at $1.39 per share, launching a prospectus to raise close to $300 million to give the business a market capitalisation of almost $560 million.

The upcoming float of livestock exporter Wellard is set to be the fifth biggest in Western Australia's history, and will also stretch the market lead of investment bank UBS, according to research by Business News.

Wellard managing director Mauro Balzarini is planning to sell a 60 per cent stake in the livestock export business through an initial public offering (IPO) that will be one of Western Australia's largest.

An independent expert's report commissioned by Aspen Group has concluded that its takeover of the Aspen Parks Property Fund is fair and reasonable and superior to a competing proposal.

Fresh analysis by Business News clearly shows how much WA's economic performance has fallen relative to the rest of the nation.

A series of major trade sales and the prospect of one of WA's biggest-ever IPOs were highlights in what remained subdued capital markets in the September quarter. Also in our special report, how a surge in backdoor listings is attracting Silicon Valley entrepreneurs.

The board of infrastructure services group Cardno has told its shareholders to reject a $215 million takeover proposal it received earlier in the week from Crescent Capital Investments.

Stakeholders in Sirius Resources have shown their support for the proposed acquisition by Independence Group, with three recommendations passing by an almost unanimous vote.

RCR Tomlinson has negotiated a $10.4 million purchase deal for Water Corporation's engineering and construction services business that includes $130 million in guaranteed work over the next three years.

Qantas, the biggest ASX-listed company to make the top 100 using total shareholder returns as the yardstick, was also the biggest surprise, with the airline delivering an eye-catching one-year return for investors of 151 per cent.

The sharks are circling Woolworths, but the size of the business would require suitors to make a significant investment – in cash and time.

Upwards of 130 corporate finance transactions worth more than $11 billion were announced in WA in the June quarter, but most notable was a handful of landmark M&A deals.

Most investors have given up on iron ore, recognising it as a game that can only be played by the biggest mining companies.

Tough times are not tough for everyone, it seems, when two recent events are considered

Asset sales, cost cutting and restructuring are under way across WA, creating opportunities for professional services firms. Click through to see details of more than 30 privatisation deals in WA, from 1961 to the present day.

We've analysed 450 WA takeovers and capital raisings worth $18 billion to rank the top advisers, brokers and lawyers.

Angus McKay will begin his new role as Skilled Group's chief executive and managing director today, more than two weeks earlier than his original start date, to review a merger proposal by Programmed Maintenance Services.

Mining giant BHP has celebrated the export of its billionth tonne of iron ore to China, after a relationship of more than four decades, but the next billion is not far off.

Redcliffe-based labour and equipment hire business Global Construction Services has secured $14 million through a placement with a Brookfield Asset Management private equity fund, as part of a strategic partnership.

Neon Energy may be leaving its Perth headquarters after entering into a merger implementation agreement with MEO Australia, which would create a combined entity based in Melbourne.

Takeover speculation continues in the state's equipment hire sector, with plenty of interest in Global Construction Services.

The weak iron ore price has cast a shadow over the state government's asset sales agenda and raised concerns the commodity's slump will affect the sale price for the Kwinana Bulk Terminal and the Utah Point port.

Against expectations, the nickel sector appears set for a rebound in 2015.

Rare earths producer Lynas Corporation has announced an $83 million capital raising to help replenish its crippled cash balance.

Investor interest in base metals stocks is rising, as iron ore process continue to slide south.

Global bank UBS has delivered a scathing assessment of the financial performance of rare earths producer Lynas Corporation.

The high-cost, low-price environment has put the squeeze on iron ore miners.

National healthcare group Healthscope has lodged its prospectus ahead of a float worth up to $2.5 billion, the biggest initial public offering in Australia in 2014.

BHP Billiton has confirmed long-running speculation that its Nickel West business is potentially up for sale, including the Mt Keith, Cliffs and Leinster mines, as well as the operations' processin

Continued growth of the Pilbara as an export-focused iron ore province received a huge boost today when Chinese steel giant Baosteel and Australian railway operator Aurizon teamed up to bid for the Perth company behind a $6 billion port and rail project.