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Canadians get go ahead for WCB bid

Treasurer Joe Hockey may have unconditionally backed Saputo's $450 million takeover offer of Warrnambool Cheese & Butter but rival bidders believe they still have a fighting chance to control Australia's oldest listed milk processor.

13 Nov 2013
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Dexus deal to boost earnings

Dexus Property will increase its 2014 earnings by up to 1.25 per cent and is in line for a debt ratings upgrade, upon the successful completion of the $3.84 billion offer for the Commonwealth Property Office Fund.

13 Nov 2013
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Clarification

Last week, BusinessDay reported on three strata sales worth more than $4.5 million in the former Singapore Airlines House negotiated by Daniel Wolman of Colliers International. The correct address is 420 Collins Street

13 Nov 2013
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Suitors rejected at farm gate

Australia is the most difficult place in the world to start a new agribusiness project even as demand from Asia's middle class surges, says Deepak Saxena, who just completed one of the largest greenfield agribusiness projects in Australia.

13 Nov 2013
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PM's top adviser trapped in a time warp

When Prime Minister Tony Abbott chose Maurice Newman as chairman of his business advisory council - to give senior politicians "dependable and fearless advice" - he picked a businessman whose views appear to be trapped in a time warp.

13 Nov 2013
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Local papers weigh down News Corp

News Corp's shares took a tumble on Tuesday after the media group reported its Australian newspapers dragged down its first quarterly result as a stand-alone company.

13 Nov 2013
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Soccer loss hits BSkyB shares

British Sky Broadcasting pleaded with European football officials for three days to reopen negotiations for the live television rights to Champions League matches after BT Group entered exclusive discussions.

13 Nov 2013
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