Brookfield fires starter’s gun on Linx, sends Project Europe docs

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 90%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Street Talk can reveal Brookfield’s sellside advisers have formally launched the auction for the Australia and New Zealand logistics business Linx Cargo Care.

AustralianSuper might be trying to spoil Brookfield’s $18.7 billion takeover offer for Origin Energy, but it’s business as usual at the Canadian infrastructure giant.for the Australia and New Zealand logistics business Linx Cargo Care Group, sending detailed marketing materials to a select group of private equity and trade buyers.

It was founded in the 1950s and makes more than $NZ200 million annual revenue and $NZ30 million EBITDA. It reported about $170 million revenue, runs at 11 per cent EBITDA margin and has an equipment fleet with a replacement value of more than $100 million, according to the flyer.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AusSuper spoils Brookfield, EIG’s $18.7 billion Origin hopesThe superannuation fund, the company’s biggest shareholder, has increased its influence on the register amid a push by investors to push for a higher offer.
Source: FinancialReview - 🏆 2. / 90 Read more »

‘Wait for an invitation’: Indigenous community has Santos’ Barossa gas project on holdSantos’ $5.6 billion project is facing more opposition after a remote Northern Territory Indigenous community insisted the gas company deal with them as a group.
Source: brisbanetimes - 🏆 13. / 67 Read more »

‘Wait for an invitation’: Indigenous community has Santos’ Barossa gas project on holdSantos’ $5.6 billion project is facing more opposition after a remote Northern Territory Indigenous community insisted the gas company deal with them as a group.
Source: smh - 🏆 6. / 80 Read more »

Kiwi gold: Federation Mining’s Snowy River project hits the marketAustralianSuper-backed Federation Mining has called in Jarden to find a new owner for its New Zealand gold project.
Source: FinancialReview - 🏆 2. / 90 Read more »