“Bittersweet”: Family-run tech company Task acquired for $120 million
Aussie family-run tech company Task has been acquired by Kiwi marketing software company Plexure Group, for a whopping $120 million.
Wesfarmers seeks to acquire Priceline in $687 million deal
Retail conglomerate Wesfarmers has made a $687 million bid at buying up Priceline’s parent company Australian Pharmaceutical Industries – an offer which will net API’s shareholders a 21% premium.
“It’s been a tough decision”: Family-run Beaumont Tiles franchise acquired by Bunnings
Hardware giant Bunnings has acquired the 61-year-old family-run tile and bathroomware business Beaumont Tiles.
Adelaide-based Rising Sun Pictures eyes global growth after being acquired by Hollywood studio
Adelaide-based visual effects studio Rising Sun Pictures has been acquired by Hollywood studio FuseFX, a move that is set to unlock global growth.
Cashed-up Codan puts aside more than $100 million for a tactical US acquisition
Australian tech company Codan will pay more than $100 million to buy US-based Domo Tactical Communications from a private equity firm.
Australia is leading the world as the location for M&A opportunities
For those in the market, it’s a good time to buy, according to Pitcher Partners'annual Dealmakers report, with Australia leading the world as the location for M&A opportunities.
Why did the government block the China-led Probuild sale? What does this mean for mergers and acquisitions?
Since the government will not explain why the sale of Probuild was rejected, it's left to the business community to draw its own conclusions.
Australia’s foreign investment framework has changed: How will this affect mergers and acquisitions?
Foreign investment framework changes have passed, the start date looms, and the changes have made the local tech sector very nervous.
Why $20 million online rug retailer Miss Amara rescued a party shirt business from liquidation
Online rug retailer Miss Amara has relaunched YP Threads, a Brisbane-based party shirt business that went into liquidation in June, after acquiring it for an undisclosed sum.
Spotlight to offer Harris Scarfe lifeline, but uncertainty remains for stores and staff
Prominent department store chain Harris Scarfe looks set to emerge from receivership, with the Spotlight Group given exclusive rights to buy the collapsed business.
Laura Ashley falls into administration, again, putting 100 jobs at risk
Retailer Laura Ashley has fallen into administration for the second time in as many years, putting the jobs of 100 workers across 18 stores at risk.
Why marketplace startup UrbanYou opted for acquisition over a $2 million funding round
Marketplace startup UrbanYou just turned down $2 million in funding in favour of acquisition, but the decision wasn't easy, says co-founder Noga Edelstein
