theaustralian.com.au - Fogarty Wine Group, an Australian wine producer, is believed to be preparing an offer for McWilliams Wines an Australia-based wine business. According to The Australian, Fogarty is the largest wine producer in Western Australia. McWilliam’s is Australia’s sixth-biggest wine company and some believe that the family-run competitor, Casella wine business, is the most logical buyer of McWilliam’s.
theaustralian.com.au - Alceon is believed to be keen on acquiring Colette by Colette Hayman, a collapsed Australia-based accessories retailer with 140 stores in Australia and New Zealand. The group is also examining the failed department store Harris Scarfe for a potential acquisition, although it is thought that its interest may be cooling. The bags, jewellery and accessories chain has more than $140m of annual sales but was left cash-strapped after the Christmas period.
wsj.com - The owner of the New York Stock Exchange, Intercontinental Exchange Inc. (ICE), has made a takeover offer for eBay Inc. that could value the sprawling online marketplace at more than US $30 billion (AUD $45 billion), according to people familiar with the matter. However, ICE said in a statement that "eBay has not engaged in a meaningful way", and as a result, it was not in negotiations regarding the sale of all or part of eBay.
theaustralian.com.au - Diversified mining services company Perenti Global has confirmed it is considering a purchase of Downer’s mining services division. While suggestions elsewhere have been the company could be worth $700m, Perenti said it would pay less than this amount. Perenti is being advised by UBS.
Management Advisors was established in 1995 and offers corporate advisory services, creates investment opportunities and raises finance from the capital markets to facilitate transactions. We work with owners, boards and management on a fee for service basis (advisory and completion) to deliver our services.
