Kanika Sood

Of note, the raise has been loosely labelled a “pre-IPO” round, with investors told a float is still on the cards.

It would take Randall from about 3.8 per cent of the register to 19.5 per cent, close to the maximum permissible 19.99 per cent under takeover rules.

Allott and Piercy both worked under Goldman’s former head of equities, Mario Argyrides, who quit just over a week ago.

Street Talk understands Goldman Sachs co-head of equities Mario Argyrides has tendered his resignation.

The European giant said late on Wednesday that it had succeeded in securing due diligence from the ASX-listed company’s board with the $9 a share offer.

Goldman Sachs has named Aaron Lamshed as its head of equity capital markets in Australia and New Zealand.

Andrew Clifford, says the business is served well by him performing the CEO and co-CIO roles barring a substantial increase in funds under management or business complexity.

The takeover battle for ASX-listed PDF tools provider Nitro Software is heating up.

Chevron says it needs two more days to resolve technical issues that have caused a breakdown at its Wheatstone domestic gas plant – the third WA gas plant to break down this summer.

Superannuation fund HESTA has committed $US200 million to its 12-year-old sustainability focused private equity investment program with firm Stafford Capital Partners, which is chaired by ex IFM Investors Brett Himbury.

The competing takeover bids for WA gas developer Warrego Energy have split its board with the chairman backing gas player Strike Energy and the rest of the board backing billionaire Gina Rinehart’s Hancock Prospecting.

Fee flow to Australian investment banks fell 10 per cent as established and upstart outfits jostled for top spots on the league tables.

Property and infrastructure software start-up Willow, which is backed by ex Macquarie Group boss Nicholas Moore, has laid off 22 per cent of it full-time staff and contractors amid the technology sector’s valuation woes.

Are they shoppers or tyre kickers swarming to retail stores this Christmas, as inflation bites?

It’s not every day that you spot local investment banking bigwigs Matthew Grounds and Alex Cartel staffed on a deal together.

A valuation gap between equity investors and landlords is stifling deal making, says real estate banker Angelo Scasserra.

Financial services education provider FINSIA has picked up the Australian Investment Council’s Yasser El-Ansary.

UK-based Asian food delivery business Hungry Panda has acquired Melbourne rival Easi, with the combined business eyeing expansion into groceries and lifestyle.

The omicron variant outbreak is yet to noticeably bite retail spending, according to new bank card data and anecdotal evidence from shops.

Not-for-profit Bolton Clarke lost out on ASX-listed Japara, but it has just nabbed Archer Capital’s Allity residential care business.