Canada's Brookfield bids for Australia's Multiplex
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Canada-based Brookfield Asset Management  Inc. (BAMa.TO) has made a takeover approach for Australia's A$4  billion ($3.1 billion) Multiplex Group Ltd. , the  construction and property group said, sending its shares up 7.5  percent.
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Westfield (WDC) and a new company to be formed by Multiplex Group(MXG) and the Reuben brothers today announced they are to propose a $1.
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Multiplex Group and Russian billionaire brothers David and Simon Reuben joined Westfield Group&#39;s Â£585 million ($1.54 billion) bid for Chelsfield after striking a deal to carve up the UK property developer.
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RCN Corp., a cable, telephone and Internet service provider that has struggled to maintain a mid-size foothold in an industry dominated by much larger rivals, hired Blackstone Group to consider a possible sale of the company, a person familiar with the matter said yesterday.
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SHOPPING centre giant Westfield Group has drafted rival Multiplex and the billionaire Reuben brothers into its pound stg. 585 million ($1.
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Brazilian iron ore giant CVRD remains interested in acquiring Canada&#39;s Noranda Inc. if Noranda breaks off exclusive talks with China Minmetals Corp.
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Multiplex, the developer of the troubled Wembley Stadium project, is being eyed as a takeover target.
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A closely watched trial that could have far-reaching implications for the person-to-person (P2P) industry has gotten underway in Australia, where the entertainment industry is seeking to prove
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A cable giant looks to the future of digital video.
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Australian property giant Westfield Group announced a 585 million pound bid to acquire British shopping center operator Chelsfield, a move seen as likely to spark a bidding war with rival Multiplex.
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Westfield Group, the world&#39;s biggest owner of shopping malls by market value, teamed up with Multiplex Group, an Australian property developer, and David and Simon Reuben to bid for Chelsfield Plc, a UK property developer.
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Multiplex Group, Westfield Group and the billionaire brothers Simon and David Reuben lodged their 585 million- pound ($1.05 billion) bid for Chelsfield Plc, saying they expect the transaction to close in November.
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Brookfield Asset Management of Toronto said it would buy Longview Fibre, a specialty paper and packaging company, for $1.6 billion. Longview has a pulp and paper mill in Longview, Wash., and 15 corrugated-container plants, but its chief asset for Brookfield appears to be its 588,000 acres of woodlands in Washington and Oregon. They will join other timberlands owned by Brookfield, including 635,000 acres in British Columbia it bought from Weyerhaeuser in 2005. As part of the Longview deal, Brookfield will also assume about $550,000 in debt. Longview put itself up for sale in 2006 after rejecting a $1.33 billion bid from two private equity firms.
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The worldâs most valuable shopping mall owner, Westfield Group , has agreed to join with Australian developer Multiplex Group and two other investors in a 585 million pound bid ($1.
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Australia's Healthscope Ltd.  launched a A$2.86 billion ($2.34 billion) takeover offer for larger rival Symbion Health Ltd.  on Tuesday, backed by private equity firms Ironbridge Capital and Archer Capital.
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Australia's Macquarie Bank  and private equity fund MBK Partners are among bidders for Goldman Sachs' stake in South Korea's No. 2 TV cable operator, a source with knowledge of the deal said on Monday.
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Australian construction company Multiplex will have to enter a bidding war for Elliott Bernerd&#39;s Chelsfield shopping centres or risk losing huge building contracts, analysts said at the weekend.