BREAKFAST DEALS: TRU love

TRUenergy's owners will insist on a majority stake if an IPO progresses, while Goldman questions Dulux's Alesco move.

TRUenergy’s Hong Kong parent, CLP Holdings, has clearly indicated that if the Australian energy company is headed for a float, it’ll hold on to a majority stake. Meanwhile, Dulux Group’s move on Alesco Corporation has one investment bank re-examining its assessment of the paint company. Elsewhere, SingTel has secured another advertising company – this one a mobile specialist from Silicon Valley – Coalworks’ chairman and chief executive are fighting back against an investment bank that’s seeking their expulsion and Foster’s has lost two rounds to Coopers.

TRUenergy, CLP Holdings

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