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Location
Australia
Languages
  • English
Covering topics
  • Business
  • Real Estate
  • Finance & Banking Services

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Recent Articles

wsj.com

SG Fleet Receives $780 Million Private-Equity Takeover Proposal

SG’s stock jumped 20% on the announcement, which came five weeks after the company reiterated guidance for an annual underlying profit of between A$88 million and A$95 million.
wsj.com

Catapult Sees No Tariff Impact Following Manufacturing Move

The company recently completed the relocation of its manufacturing operations from China to Thailand.
wsj.com

Aristocrat to Sell Plarium Mobile Gaming for Up to $820 Million

Aristocrat Leisure will sell its Plarium Global mobile-gaming unit to Sweden’s Modern Times Group as the Australian gaming company increasingly focuses on regulated gaming and slot machines.
wsj.com

TPG Telecom Sells Fixed-Fiber Network to Vocus for A$5.25 Billion

Australia’s TPG Telecom agreed to sell its fixed-fiber network to Vocus, generating funds for future shareholder returns and investment into its mobile operations.
wsj.com

Casino Operator Star Reports $1.15 Billion Annual Loss Amid Liquidi...

Star Entertainment reported a massive annual loss in its delayed results as the embattled Australian casino owner moves to shore up its balance sheet and keep hold of its license to operate in Sydney.
wsj.com

Premier Investments Delays Smiggle Demerger as Annual Profit Drops

Australian retail group Premier Investments reported a near 5% fall in annual profit and said it is delaying the demerger of its Smiggle stationery chain while it discusses a separate deal with department-store operator Myer.
wsj.com

Nine CEO to Leave Ahead of Report on Media Group’s Workplace Culture

Nine Entertainment Chief Executive Mike Sneesby will step down at the end of the month ahead of the release of an independent review into the Australian media conglomerate’s workplace culture.
wsj.com

Blackstone Buys Australian Data-Center Operator for $16.1 Billion

The deal adds AirTrunk’s centers in Australia, Japan, Hong Kong, Singapore and Malaysia to Blackstone’s existing portfolio.
wsj.com

Australia’s Zip in Talks With Apple for U.S. Buy-Now-Pay-Later Inte...

Australian buy-now-pay-later operator Zip is in talks with Apple to integrate its installment-payments product in the U.S., and expects to announce partnerships with more large U.S. merchants in its current fiscal quarter, its CEO said.
wsj.com

3D Printers Are Having a Moment Thanks to the U.S.

Efforts by the White House to onshore manufacturing jobs and incentivize U.S. emissions reductions are giving a lift to 3D-printing companies, many of which had previously looked to Asia for international growth.
wsj.com

When This Supply-Chain Essential Goes Missing, It’s Time to Bring i...

Millions of the wooden pallets go missing every month, creating headaches for suppliers and hiccups in the supply chain. Finding them takes some serious shoe leather.