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Latest news with #StreetTalk

Johns Lyng agrees to $1.3b takeover bid from private equity suitor
Johns Lyng agrees to $1.3b takeover bid from private equity suitor

AU Financial Review

time11-07-2025

  • Business
  • AU Financial Review

Johns Lyng agrees to $1.3b takeover bid from private equity suitor

Johns Lyng Group says it has agreed to sell itself to Pacific Equity Partners in a deal that values the building services business at $1.3 billion. The company had a market capitalisation of $719 million last month. That was before The Australian Financial Review 's Street Talk column revealed it had been approached by a private equity firm which had secured the exclusive right to conduct due diligence on the business, ahead of a formal bid.

Scape signs biggest-ever direct real estate deal; buys Aveo for $3.85b
Scape signs biggest-ever direct real estate deal; buys Aveo for $3.85b

AU Financial Review

time24-06-2025

  • Business
  • AU Financial Review

Scape signs biggest-ever direct real estate deal; buys Aveo for $3.85b

Craig Carracher and Stephen Gaitanos' Scape will sign a company-transforming deal to buy Brookfield-owned retirement living operator Aveo on Tuesday, marking one of Australia's largest-ever direct real estate transaction. Street Talk can reveal Scape, and co-investor South Korea's National Pension Service, have agreed to pay $3.85 billion on an enterprise valuation basis. As part of the deal, Scape will bring all its assets – including student living, build-to-rent and retirement living – under the combined brand The Living Company.

Scape to pay $3.7b for retirement living biz Aveo; NPS to-co-invest
Scape to pay $3.7b for retirement living biz Aveo; NPS to-co-invest

AU Financial Review

time24-06-2025

  • Business
  • AU Financial Review

Scape to pay $3.7b for retirement living biz Aveo; NPS to-co-invest

Craig Carracher and Stephen Gaitanos' Scape will sign a company-transforming deal to buy Brookfield-owned retirement living operator Aveo on Tuesday, marking Australia's largest-ever direct real estate transaction. Street Talk can reveal Scape, and co-investor South Korea's National Pension Service, have agreed to pay between $3.7 billion and $3.8 billion on an enterprise valuation basis. As part of the deal, Scape will bring all its assets – including student living, build-to-rent and retirement living – under the combined brand The Living Company.

Frozen yoghurt sensation Yo-Chi opens private funding round; taps UBS
Frozen yoghurt sensation Yo-Chi opens private funding round; taps UBS

AU Financial Review

time15-06-2025

  • Business
  • AU Financial Review

Frozen yoghurt sensation Yo-Chi opens private funding round; taps UBS

The hottest late-night food trend for Gen Z's could spell another tasty payday for Boost Juice co-founder Janine Allis. Street Talk understands investment bank UBS has launched a private funding round for Yo-Chi, the popular maker of frozen yoghurt desserts with more than 50 stores across Australia. The UBS veteran has clocked up more than 20 years at the bank across a wide range of senior roles. The two octogenarian founders of global commodities giant AMCI have had a bitter falling out, and it has paralysed one of Australia's most successful miners. See all UBS news

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