|
| Wednesday February 1, 2023 |
|
|
|
|
|
Street Talk can reveal ANZ is in talks to buy a stake in View Media Group, a real estate media business set up by the duo last year, where Seven West is also on the register. |
|
View Media owns realestateview.com.au, which is not too different from property-watching mainstays Domain and REA. ANZ suits would be hoping all those eyeballs snooping on houses would roll over to its mortgage offerings and help boost its $700 billion-odd total loan book. |
|
ANZ is negotiating for the View Media stake as it waits on ACCC and Treasury approvals for its $4.9 billion acquisition of Suncorp’s banking business (incidentally, also first revealed by this column). |
|
This one should be much smaller, but shows ANZ still has an eye out for M&A. |
|
|
The bidders have definitely gone back to Origin to discuss a recut in the past week, citing the gas price cap as a solid reason to lower their $9 a share bid. So far, Origin seems to have refused to budge – but it would be interesting to see if it cops up to the talks on the ASX tomorrow. |
|
|
|
|
Anthony Macdonald, Sarah Thompson and Kanika Sood Street Talk editors
|
|
|
ANZ Banking Group is bankrolling former Domain boss Antony Catalano’s new real estate digital media play. |
|
|
Canada’s Brookfield and US private equity group EIG Partners have held talks to re-price their $9 a share joint bid for Origin Energy, to reflect what they see as heightened risk since due diligence started in November. |
|
|
MA Moelis has pointed to the Sun Cable project’s scale, business model, team, government support and offtake interest, in a six-page teaser document sent to potential buyers. |
|
|
UBS managing director and co-head of equity capital markets Alex Dignam has resigned from the bank to join the Northcott family’s private investment group, Wattlestone. |
|
|
Aware Super is packing off its deputy chief investment officer and head of real assets Damien Webb to Europe to spearhead the $150 billion superannuation investor’s push into overseas markets. |
|
|
|
|
|