Mergers & acquisitions
- Updated
- Accent Group
‘Step down’: Owner of Platypus, Athlete’s Foot cops hostile bid from UK investor
Fed up with footwear retailer Accent Group’s recent ailing performance, its biggest investor – UK retail giant Frasers – has taken matters into its own hands.
- Jessica Yun
Latest
‘Young beautiful woman, never smiles’: Trump attacks journalist again amid battle for CNN
A former aide to the US president said Trump’s “misogynistic” treatment of Kaitlan Collins stemmed from fear – but there are also political factors at play amid a mega media merger.
- Michael Koziol
‘Huge validation’: Trump administration backs Aussie quantum tech
Two of Australia’s most prominent quantum names have been drawn into the Trump administration’s growing portfolio of strategic technology companies.
- David Swan
- Updated
- Media & marketing
James Murdoch buys New York magazine, Vox podcasts for $419 million
Murdoch said the acquisition “reflects both our interest in the forward edge of culture and our deep commitment to ambitious journalism and agenda-setting conversations”.
- Christopher Palmeri
- Updated
- Media & marketing
James Murdoch makes $418m offer for US media assets: report
Rupert Murdoch’s younger son is looking to make his own mark in American media after cashing out of the family empire last year following a bitter court battle.
- Christopher Palmeri
- Updated
- World markets
ASX ends the week in the red as oil climbs on war uncertainty
The Australian sharemarket has closed slightly lower as uncertainty over the war in the Middle East continues to cast a shadow over markets.
- Staff writers
Everything’s gone south since our company was acquired. Now what?
What you’re describing is unfortunately a familiar pattern after acquisitions, writes Dr Kirstin Ferguson.
- Kirstin Ferguson
Trump backer offers $91.2 billion to buy Taylor Swift record label
Hedge fund billionaire and Donald Trump supporter Bill Ackman has made a bid to buy the label behind stars including Taylor Swift, Harry Styles and Kendrick Lamar.
- James Warrington
Billionaire boss: The eye-watering payday for Warner Bros CEO after Paramount deal
David Zaslav is being rewarded handsomely after overseeing the blockbuster takeover by Paramount.
- James Warrington
Billionaire Lowy family buys into fund manager Magellan
The Lowy family has taken a significant stake in the funds management business Magellan, days after the financial group announced a major merger.
- Clancy Yeates