Posts Tagged: Australia

Arch Re set to take majority stake in Precision Marketing Asia Pacific

Arch Reinsurance (Arch Re) has agreed in principle to acquire a majority stake in Australian marketing solutions company Precision Marketing Asia Pacific (PMAP) for an undisclosed price. Precision Marketing Asia Pacific offers marketing solutions driven by data to banks, insurance firms, health care organizations, and retailers in the Asia-Pacific region. The closing of the deal […]

Iron Bridge Magnetite Project : NRW Holdings bags bulk earthworks contract

NRW Holdings has bagged a contract worth AUD70 million ($47 million) for bulk earthworks for the Iron Bridge Magnetite Project in Western Australia from the joint venture between Fortescue Metals Group subsidiary FMG Magnetite and Formosa Steel IB. The contract will be subject to the finalization of various outstanding contractual items, said NRW Holdings. However, […]

VetPartners to acquire National Veterinary Care for $168.5m

VetPartners Australia and New Zealand, a veterinary clinic chain operator, has signed a deal worth AUD 248.4 million ($168.56 million) to acquire National Veterinary Care (NVC), an Australian veterinary services company. As per the terms of the deal, VetPartners, which is owned by Australian Veterinary Owner’s League, has offered to buy 100% of National Veterinary […]

Kirkland Lake Gold to acquire Detour Lake gold mine owner Detour Gold

Kirkland acquisition of Detour Gold : Kirkland Lake Gold has signed a CAD 4.01 billion ($3.01 billion) deal to acquire rival Canadian gold mining company Detour Gold, as per the latest mining acquisition news. Based in Toronto, Detour Gold is a mid-tier gold producer, which has a 100% stake in the Detour Lake gold mine […]

Yangibana Rare Earths Project : DRA Pacific bags contract for processing plant

DRA Pacific has bagged a contract for the rare earths processing plant and the associated infrastructure of the Yangibana Rare Earths Project in Western Australia. The contract to the DRA Global subsidiary, worth around AUD 350 million ($239.8 million), is for providing engineering, procurement, construction and management (EPCM) services for the rare earths processing plant. It […]

Tanami Expansion 2 project : Newmont Goldcorp to move ahead with Tanami gold mine expansion

Tanami Expansion 2 project : Newmont Goldcorp is set to increase its gold production in Australia after its board of directors approved the second expansion of the Tanami gold mine in the Northern Territory, as per the latest mining industry news. The Tanami gold mine is located 590 miles southwest of Darwin and 350 miles […]

US cybersecurity company AttackIQ to expand into Australia

AttackIQ, a US-based cybersecurity company, is set to expand into a new market through the opening of regional offices in Sydney and Melbourne in Australia, as per the latest IT industry news. Claimed to be a leading player in the continuous security validation market, the company said that Chris Zauzig, its Regional Sales Manager for […]

Experian acquires Look Who’s Charging to strengthen open data offering

Experian, an Irish consumer credit reporting company, acquired Look Who’s Charging, an Australian fintech startup, for an undisclosed sum to strengthen its open data offering. The acquisition was made by its subsidiary Experian Australia & New Zealand. Look Who’s Charging is said to resolve the issue of unrecognized bank transactions by giving clarification on the […]

Carlton & United Breweries acquires Riot Wine, expands portfolio

Carlton & United Breweries acquisition of Riot Wine : Anheuser-Busch InBev (AB InBev) subsidiary Carlton & United Breweries (CUB) has acquired Australian canned wine company Riot Wine for an undisclosed amount, as per the latest drinks acquisition news. Adelaide-based Riot Wine is said to be the only wine company in the country that sells wine […]

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