The oil and gas major is understood to have called in Goldman Sachs for strategic advice, as its shares trade 10 per cent lower than a year ago and underperform peers. However, there’s no inbound interest yet – just preparation for any approaches, should they come.
Alongside whole-of-business advice, Goldman Sachs has also been working with Santos on its mooted selldown of WA project Dorado.
Over at BWX, we got our paws on Greenhill’s sale flyer for BWX. Everyone knows the drill by now, but Greenhill wants to structure the deal as an asset sale and is willing to sell Sukin and manufacturing independent of each other.
The brand is being positioned as one “perfectly positioned to leverage global consumer trends towards green beauty, underpinned by clean formulations”.
Funds were told Mondiale VGL is the largest Australasia-based sea freight forwarder that delivers across trade routes in Asia, Europe and North America.
The construction major, which has delivered buildings like Sydney Modern Art Gallery and UTS Central, denied speculation it was preparing to call in Deloitte.
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