DataRoom AM: Singleton slap

John Singleton jostles for the last word on a Fairfax-Macquarie Radio merger, while airport leases are likely part of Qantas' asset sale plans.

Fairfax Media is making the news as much as it is breaking it, with its radio merger with John Singleton’s Macquarie Radio Network firmly put to bed by an angry Singleton. Meanwhile, the firm’s Domain real estate classifieds business is rumoured to be tilting toward a $500 million float, though the company’s boss Greg Hywood suggests otherwise.

Elsewhere, Qantas Airways primes itself for asset sales ahead of Thursday’s strategic update, Caltex Australia makes the latest consolidation play in the downstream oil sector and Boart Longyear stands in the sights of turnaround specialists.

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