Reports that Nine Entertainment had secured a deal with its lenders to keep it from receivership turned out to be a little premature – from what we can tell, PBB Advisory might still have a gig. But regardless of what happens, Nine boss David Gyngell says he will remain at the helm, receivership or not. Meanwhile, Macquarie Group has emerged as a front-runner in the bidding for another asset management business. And in mining, Rio Tinto again has to tussle with the Mongolian government, while Gina Rinehart’s Roy Hill deadlines could be up in the air.
Nine Entertainment, CVC Asia Pacific, Goldman Sachs, Apollo Global Management, Oaktree Capital