DataRoom AM: Big-spending Nine

Nine hints it could be in the market for more acquisitions, while Hockey’s anti-bullying comments are directed at more than the Nationals.

As the Nine Entertainment float nears reality, the group appears set to continue its spending spree with its regional affiliate in its sights. Meanwhile, fellow noteworthy IPO candidate Dick Smith Electronics appears ready to go to the market in December after its owners made a big concession.

Elsewhere, political games continue over the GrainCorp takeover, Bega Cheese loses ground in the chase for Warrnambool Cheese and Butter Factory and Dexus Property Group appears set to claim the Commonwealth Property Office Fund.

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