BREAKFAST DEALS: Telstra's asset attack?

Telstra may buck regulatory sceptisism to bid for Leighton's telco assets, while KKR and Allegro pick up a bargain.

Regulatory storm clouds may be gathering above Telstra's Melbourne headquarters, amid talk the telco is seriously considering bidding for Leighton Holdings' telecommunications assets. Elsewhere, KKR and Allegro pick up a bargain at Lloyds, while Goodman Group shakes hands in Brazil. And who's building a stake in Virgin Australia?

Leighton Holdings, Telstra

Telstra appears to have defied regulatory nay-saying to formally enter the sale process for Leighton Holdings $1 billion telecommunications assets, including the prized intercity fibre network, NextGen.

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