DataRoom AM: Federation-Novion nod

The Federation-Novion merger gets the go-ahead from a key shareholder, while takeover ructions continue at Ten Network.

The proposed merger between Federation Centres and Novion already has a big fan, who has been something of a property deal kingmaker of late.

Meanwhile, if Foxtel and Discovery do manage to grab Ten, they aren’t keen on having an influential Bruce Gordon, while one analyst thinks BHP’s spin-off will have to buy to grow.

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