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...Kemp said the fund will also target properties owned by other private capital groups....
Bosses of Woolworths and Coles defend profitability on first day of inquiry
...Those earlier loans — which documents show were made to The Greensill Corporation Pty Ltd as trustee for the AD Greensill Family Trust and Peter Greensill Family Co Pty Ltd as trustee for the Peter Greensill...
...In May, the US group promised to double output there. Rinehart’s team would have little but capital to offer. Liontown will need that too, around A$450mn by the end of 2023....
...The moves by Rinehart come after Chris Ellison, managing director of mining group Mineral Resources and a collaborator with the Australian mining mogul on previous deals, restructured a joint venture with...
...Rinehart is feeding into an increasing sense among Australia’s leading lithium groups that US, Chinese and Chilean groups are snatching the value from its enormous reserves and that it is high time the country...
...IFM, which has about $140bn in assets, owns 35.5 per cent of Manchester Airports Group, which also owns London Stansted and East Midlands airports....
...The Chilean group already has a presence in Australia through its joint venture with local conglomerate Wesfarmers to develop the Mount Holland lithium project....
...However, no buyer for the group appeared and the share price has fallen by about 38 per cent since the completion of the deal in April 2018....
...Valuing the company at Rs30bn, the offering represents a payday for existing shareholders, including Belgian family investment group Verlinvest, which bought into Sula in 2010 and will retain a significant...
...Timo Schmid, managing director and partner with Melbourne-based Boston Consulting Group, said it was important for pension funds to have “boots on the ground” in targeted geographies....
...The Melbourne-based group has been an investor in UK infrastructure for nearly two decades, owning or holding stakes in a host of British assets, including Manchester and Stansted airports and the M6 toll...
...regulatory framework so that all parties know how this is going to work [after a change of government],” Ademuwagun said, citing the breakdown of a partnership between Nigeria and Richard Branson’s Virgin Group...
...Other Australian superannuation funds were likely to follow AustralianSuper, said research group Rainmaker Information, which predicted an average return of minus 2.8 per cent for the year....
...A consortium led by Australia’s biggest pension group and Singtel has agreed to buy the mobile towers business of investment bank Macquarie for A$3.58bn (US$2.68bn), reflecting the growing appetite among...
...Last year Caisse de Dépôt et Placement du Québec (CDPQ), the C$400bn Canada-based global investment group, unveiled plans for a C$15bn (£9bn) spending spree on private assets in the UK and Europe....
...Nearly 9 per cent of rail staff in the UK were absent due to illness or the need to self-isolate, the Rail Delivery Group said earlier this week....
...Smiggle, the Australian stationery brand that has expanded rapidly in the UK, has warned that its parent group could withdraw financial support from its British subsidiary if economic conditions worsen....
...Investigators identified $77.5m in suspicious payments made via third-party contractors and allege Leighton Offshore PTY Ltd funnelled bribes through Unaoil and another Middle Eastern subcontractor to guarantee...
...“Apparently Mr Jacques, as group chief executive, has transcended beyond accountability....
...Trafigura, one of the world’s biggest commodity houses, has struck a deal to sell a 50 per cent in stake in the majority of its oil ports, warehouses and bulk terminals to an Australian infrastructure group...
...The airline is the first South African state group to enter business rescue since the ruling African National Congress took power in 1994, but it was increasingly deemed as expendable....
...On the eve of the strike Pravin Gordhan, the minister overseeing state-owned groups, told US investors that the airline “is not too big to fail”....
Deal is latest in global push for the British online grocery service
...Easing pressure on SAA debt is critical as South Africa’s finance minister Tito Mboweni has signalled the state cannot afford to continue bailing out the lossmaking group....
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