Capital Markets: Merger and acquisition activity stalls but private equity is lurking
Big deals are still being done but they are taking longer.
Stay updated with breaking news from Pushpay Holding. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Big deals are still being done but they are taking longer.
Pushpay Holdings’ proposed $1 billion-plus private equity buyout is back from the dead, thanks to a new offer from Australian investor BGH Capital.
A person has pleaded not guilty to a criminal charge for alleged insider trading.
By Mark Woodruff For the week ending Friday 12 February, there were fifteen upgrades and ten downgrades to ASX-listed companies by brokers in the FNArena database. ASX received three upgrades to Neutral from Sell by separate brokers and Transurban Group received two upgrades to Neutral from Sell. There was some consensus amongst brokers regarding a turnaround for ASX. Ord Minnett considers the company has reached the bottom of its earnings cycle and is expected to see some rebound in FY22, while Citi believes all of the main negatives are now known. Citi upgraded Transurban Group after a -...