Page 4 - Gresham Partners News Today

US private equity giant Blackstone Inc has won its almost year-long pursuit of Crown Resorts Ltd after the troubled Australian casino operator yesterday accepted its A$8.9 billion (US$6.34 billion) takeover offer. Under the offer, Crown shareholders are to receive A$13.10 cash per share. The stock rose 2.8 percent to A$12.74 in early Sydney trading yesterday. A meeting to vote on the offer is expected to be held in the second quarter of the year, Crown said in a statement. The deal ends a sorry ...

There’s a strategic review underway at Australian asset financier Maia Financial, including the search for potential new investors to help fuel loanbook growth. 

The former NSW premier fell foul of the commission he created and so knows just how its most recent victim, Gladys Berejiklian, feels.

Crown Resorts has received another acquisition proposal from Blackstone, with the private equity firm upping its offer price to $12.50 per share.

ASX-listed engineering and consulting firm Cardno will sell its two biggest divisions to global professional services group Stantec Inc.

Bass Capital, which was established in 2016 by former UBS European head of leveraged finance and debt capital markets, Giles Borten, and former managing director of Wingate and Gresham Partners, Nicholas Goh would bring around $270 million committed loan book, over $300 million in pipeline opportunities, $107million open-ended debt fund and 20 current debt funds backed by ultra and high-net-worth investors (HNWs).  “This investment brings a new business line to Centuria, which helps expand o...

Quadrant snaffles Let’s Get Care to create home care giant Save Share Quadrant Private Equity is delving deeper into Australia’s home care sector via the acquisition of leading player Let’s Get Care. Street Talk can reveal Quadrant’s Enrich Health Group, which it bought in 2016 to target home health care and rehabilitation, has signed a deal to acquire husband and wife-owned Let’s Get Care. Let’s Get Care will combine with Enrich’s existing home care provider,...