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.
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.
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.
Law firms Jackson McDonald and McKenzie Moncrieff will merge to create a 32-partner firm with more than 120 professional staff, cementing it as the second biggest law firm in Western Australia.
Jackson McDonald and McKenzie Moncrieff have announced they will merge to create a 32-partner law firm with more than 120 professional staff, cementing it as the second largest firm in WA.
PRIVATE equity group Archer Capital has emerged rapidly this year to become one of the largest investors in Western Australia, following its purchase of the company behind the Chicken Treat and Red Rooster fast food chains.
Catalpa Resources will buy Conquest Mining to form a $1.1 billion growth-focused gold miner, in which gold giant Newcrest Mining will hold a one-third stake.
Financial planning firms Shadforth and Snowball have announced their intention to merge to create a $14.3 billion wealth management business with 188 financial advisers nationally.
BRITISH industrial services giant Cape has continued its expansion via acquisition in the Western Australian market with the purchase of Bibra Lake-based defence specialist Shoreguard Marine.
Perth-based Base Resources says it will commence construction at its Kwale mineral sands project in Kenya in September and begin production in the third quarter of 2013, after finalising a $US150 million finance facility.
FIVE years after buying private Perth business ComputerCORP and renaming it Synergy Plus, the directors of the listed IT services company have called in the administrators.
Perth-based Hunnu Coal has continued its stunning run with the announcement of a strategic partnership with Singapore-based Banpu Minerals to develop its Mongolian coal tenements.
Singaporean engineering firm MTQ now holds a 12 per cent stake in Neptune Marine, after the struggling shipbuilder and engineering firm announced it had reached the minimum subscription level in its $80.6 million capital raising.
Ian Trahar has confirmed he will not increase his takeover offer for window coverings manufacturer Kresta Holdings, even though independent analysis of the bid last week found it neither fair nor reasonable.
