LA Private

October 18, 2023

Whitehaven Coal halts trading to secure financing for BHP Mitsubishi Alliance mines

Whitehaven Coal (ASX:WHC) has halted trading in its shares until Friday as it finalises a substantial finance package to purchase BHP Mitsubishi Alliance’s Daunia and Blackwater export coking coal mines in Queensland. In an early morning statement on Wednesday, Whitehaven requested the trading halt, citing an impending announcement regarding its involvement in the sale of […]

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ARN Media and Anchorage Capital’s $225m takeover faces regulatory hurdles

ARN Media (ASX:A1N) and its partner, private equity firm Anchorage Capital Partners, will have to navigate key regulators before finalising their $225 million non-binding takeover offer for rival radio broadcaster Southern Cross Media (SCA). ARN owns major radio stations, including KIIS FM, home to Kyle and Jackie O in Sydney, as well as the Pure

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