Good evening,

Most investors have been wary of taking new positions in companies over the past month, as the market waits for the coronavirus equities rout to bottom out.

But not this next player.

Street Talk can tonight reveal which ASX-listed property giant has snapped up a stealth stake in on-again, off-again takeover target National Storage REIT.

Just last week US suitor Public Storage walked away from its $2.40 a share indicative bid for National Storage and this new shareholder has wasted no time in getting its toe on the register.

Meanwhile, we check back in on Speedcast's woes after more of its debt stack crossed the market on Friday night.

And finally, we take a look at two womenswear retailers. One is in voluntary administration and is seeking a buyer, and the other is in the market for a growth partner.

Happy reading,

Sarah Thompson, Anthony Macdonald and Tim Boyd

Street Talk Editors

Street Talk

Abacus caught red-handed at National Storage REIT - again!

Astute investor or predator hiding in plan sight?

Street Talk

Lender bails as Speedcast reveals new money wishes

There's more movement in troubled satellite owner Speedcast's debt stack.

Street Talk

Europe cans bank dividends, gives Aussies something to think about

We're loath to admit our European friends are any more cultured or knowledgeable than we are, but are our financial regulators' egos as fragile?

Street Talk

KordaMentha calls for bids for national retail chain Tigerlily

They say a tiger can't change its stripes, but what about its fortunes?

Street Talk

CDI Global seeks growth partner for women's clothing chain

The local retail industry might be feeling blue but that's not stopping this next player's hunt for a new strategic investor.

 
The Australian Financial Review

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