Good evening,
 
 

Good evening,

The coronavirus has taken the scalps of sale processes and IPOs with absolutely no mercy.

So for a welcome change, here's one that's getting going again. Tonight, we check back in on Caltex's plans for a 49 per cent stake in 250 of its petrol and convenience sites . When we last took a look, Canadian suitor Couche-Tard was looming large and Caltex was looking to float the portfolio of petrol station assets. That was such a long time ago.

Elsewhere, we unveil which century-old investment bigwig is set to jump into the new world of data storage systems.

Finally, the rumour mill is working overtime among the big money managers in Hong Kong, Sydney and Melbourne. And they're all talking about one thing: what could be next for Magellan Financial Group.

Happy reading,

Sarah Thompson, Anthony Macdonald and Tim Boyd

Street Talk Editors

Street Talk

Caltex back to business, restarts sale of petrol station sites

The company and its bankers have turned their attention once again to finding a passive investor.

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Cutting edge: Soul Patts backs data centres play

The 100-year-old investment bigwig Washington H. Soul Pattinson is taking a step into the brave new world of data storage systems. 

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Groundswell: big share trader linked to new shop

Who said the Australian institutional equities sector is too crowded?

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Behind enemy lines: PEP taps ex-Healthscope bankers for Healthscope sale

UBS' investment bankers have popped up in a Healthscope auction - but not where you would expect it. 

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JPMorgan scoops up Nickel Mines stake for offshore investor

The broker picked up 50 million shares at 56¢ each after the market closed.

 
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