The US banking giant’s infrastructure arm has agreed to acquire the Australian gas pipeline operator. In another deal, Aberdeen Investments and ACCIONA have set-up a SPV for a New Zealand motorway project.
The UK bank said the sale was part of its "simplification" strategy and follows the sale of its life insurance business in Singapore to Allianz and Indonesian retail book to OCBC; Blackstone described the deal as "the largest home loan portfolio transaction globally".
Following the termination of another deal, the merger creates a dominant Western Australian producer, underscoring how high gold prices are accelerating consolidation across Australia's mining sector.
The ASX has new leadership with former Euronext executive Anthony Attia taking over in September, and he takes the role at a critical point for the exchange.
EQT’s mid-market fund will acquire the Melbourne-headquartered parking, enforcement and compliance technology provider, while Smartworks’ Singapore subsidiary has acquired Workstudio Spaces for an equity value of S$2.47 million.
Andrew Yates, KPMG Australia's CEO, and Julian McPherson, national managing partner audit and assurance, have resigned after an investigation into a whistleblower's allegations over data use was not conducted with "necessary rigour". Principia Advisory is conducting a culture review.
The former Euronext executive will succeed Helen Lofthouse amid ongoing reforms at the Australian Securities Exchange; Darren Yip steps into the role on an interim basis at the end of May.