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Cleanaway gets A$9.4bn EQT proposal as A$3.13 offer puts 20x EBIT valuation on ASX: CWY
Cleanaway’s A$9.4bn EQT proposal offers A$3.13 a share, but due diligence, approvals and a 20x EBIT valuation still separate the bid from a final deal.
Inside the BofA and Jio Credit deal: Equity, warrants and the road to closing
Bank of America's $1.9 billion, up to 49.9% Jio Credit stake implies a $3.8 billion NBFC valuation and extends foreign capital's Indian lender push.
Sports Entertainment Group to buy MediaWorks for NZ$130m as debt-funded expansion reshapes ASX: SEG
Sports Entertainment Group’s NZ$130m MediaWorks deal doubles its EBITDA base, but debt, dilution and synergy delivery will test the trans-Tasman strategy.
H.B. Fuller (NYSE: FUL) receives $1.2bn Ancora bid for Building Adhesives unit
Ancora's $1.2 billion cash bid for H.B. Fuller's Building Adhesives unit forces a governance test after the board's AMS acquisition pushed leverage to 4x.
Passport could add 7% of Global-e Online Ltd.’s H2 revenue but only 2% of EBITDA
Passport Global Inc. could contribute about 7% of Global-e Online Ltd.’s second-half revenue at the midpoint of guidance but only around 2% of adjusted EBITDA, creating a visible near-term margin drag as the logistics acquisition is integrated.
Commonwealth Bank of Australia (CBA) leaves A$700m of its buyback unused despite record profit
Commonwealth Bank of Australia delivered A$10.98 billion of FY26 cash profit but conducted no buyback activity during the year. With CBA shares now around 56% above the average price paid for earlier repurchases, letting A$700 million of the programme expire raises an intriguing capital-allocation question.
Stantec lifts 2026 margin outlook as adjusted EBITDA jumps 17% to C$333m
Stantec’s backlog hit a record C$9.2 billion as Q2 revenue and margins climbed. See how Page and Water demand are shaping 2026 growth.
Marex Group shares surge 18% as Q2 profit doubles and trading revenue hits record
Marex Group shares surged as Q2 revenue hit a record $696 million and profit doubled. See how securities trading is reshaping growth.
LSEG’s £3.45bn buyback puts AI monetisation under a harder valuation test
London Stock Exchange Group plc is generating record margins, cash flow and shareholder returns while pushing deeper into artificial intelligence. The harder question is whether AI can accelerate subscription growth enough to close the valuation gap that opened during the technology disruption scare.
WPP shares surge after results, but Cindy Rose still has to solve the growth problem
WPP plc shares have held most of their post-results surge after second-quarter revenue trends improved sharply, but falling sales, £2.9 billion of net debt and intensifying AI competition mean stabilisation is only the first stage of Cindy Rose’s turnaround.