There's a new major media proprietor in town. Tonight, Street Talk can reveal which Sydney-based private equity firm has finally agreed a deal to buy Bauer's Antipodean businesses, after months of on-again, off-again talks.

The deal was signed on Tuesday night and the PE investor will have to work hard to turn Bauer around, after a shocking decade for the company.

Elsewhere, equities desks and fund managers are gearing up for a second-wave raising spree and we take a look at the lay of the land before things get busy.

Finally, there were a couple of chunky block trades being brought to market on Tuesday evening and we've got all the details.

Happy reading,
Sarah Thompson, Anthony Macdonald and Tim Boyd
Street Talk Editors