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Australian shares up 0.8pc; retail spending stronger than expected in February; Uniti gets revised bid from Morrison, Brookfield; inflation expectations soar to decade high. Follow the latest here.
The Australian sharemarket rallied to a two-month high on Friday, supported by strong gains from the major banks and miners.
Takeover target Uniti Group is actively considering a new $5 per share offer for the company from a Macquarie-led consortium.
Fibre network infrastructure company Uniti Group has revealed it has been offered $3.4 billion to be acquired by two Australian investment firms, more t...
Brookfield Asset Management and Morrison & Co entered an exclusivity deed with Uniti Group, after another consortium offered A$5 per share ($3.73) for the Australian telecommunications business, Reuters reported.