Topic: Australia

Brookfield Infrastructure Partners buys last 60 percent of Prime Infrastructure for $1.4BBrookfield Infrastructure Partners LP said Sunday that it will acquire the remainder of Australia's Prime Infrastructure Group, in a deal the companies valued at about $1.4 billion. Under the terms of ...

A major iron ore joint venture between mining giants BHP Billiton and Rio Tinto is "dead in the water", a report said Friday, citing an unnamed executive. The Sydney Morning Herald report came as regulators in various countries study plans to merge ...

Avnet to acquire Australia-based itX Group for $69.2 millionElectronic parts and computer products distributor Avnet Inc. said Friday it will acquire itX Group Ltd., an Australian distributor of software, hardware and services in an all-cash deal valued at $69.2 million. The deal ...

Summary Box: Australia's Healthscope backs $1.72 billion offer from Carlyle and TPG CapitalAND THE WINNER IS: U.S. private-equity firms Carlyle Group and TPG Capital topped rivals with their $1.72 billion bid for Healthscope Ltd., Australia's second-largest private hospital operator. THE PRICE: The ...

Australia's Healthscope recommends $1.72 billion takeover offer from Carlyle and TPG CapitalHealthscope Ltd., Australia's second-largest private hospital operator, said Monday its board has unanimously recommended a 2 billion Australian dollar ($1.72 billion) takeover offer from U.S. private equity firms Carlyle Group and ...

SYDNEY (Reuters) - Australia's Healthscope Ltd on Monday recommended a $1.73 billion takeover offer from private equity firms TPG and Carlyle following a bidding war for the nation's second-largest hospital owner. TPG and Carlyle's offered A$6.26 a share, worth A$1.99 billion ($1.73 ...

Thailand's Banpu launched a 2.1 billion US dollar takeover bid for Australia's Centennial Coal on Monday, signalling renewed interest in the sector just days after a mining tax row was settled. The friendly 2.5 billion Australian dollar takeover, which values Centennial at ...

MELBOURNE (Reuters) - Australia's Centennial Coal Co Ltd agreed to a $2 billion takeover offer from Thailand's Banpu Public Co Ltd , giving the Thai group a beachhead in Australia it has long sought. The deal is the first of several expected ...

East Timor's president Wednesday warned the Gulf of Mexico oil disaster highlighted safety fears over plans for an offshore gas plant and urged joint venture partners to agree to build it on land. Jose Ramos-Horta used his first state visit to Australia ...

East Timor said Tuesday it plans to present a proposal for a 3.8 billion US dollar oil and gas hub on its coast, despite objections from the project's joint venture partners. In a statement, Dili said it was still in negotiations with ...